Arlington, Texas 2021-01-14 11:55:19 –
Title insurance is boring, but Allied Title & Escrow is here to decipher the jargon and make it (slightly) more interesting. This bi-weekly feature explores the mundane (but highly needed!) World of title insurance, sharing interesting stories about the entrepreneurial career of two friends.
In this week’s bowling title, we’ll discuss three reasons why you should consider refinancing your mortgage right now.
The first and most obvious reason is to allow you to lower your monthly payments. Depending on when you bought the property or when you last refinanced it in the past, you could save hundreds of dollars in your monthly mortgage payments.
The second reason you should consider refinancing your property is if you want to shorten the length of your mortgage. You may pay a slightly higher monthly payment, but your interest will be much lower and you will be able to repay your mortgage faster.
The third reason you should consider refinancing is to withdraw cash from your equity with cash out refinancing. With cash out refinancing, you can refinance your mortgage and borrow money at the same time. There are no restrictions on how you can use your earnings. During these difficult times, many may be able to benefit from releasing excess cash.
I’m interested in refinancing, but don’t know where to start? We know a lot of the top mortgage lenders around the DMV. Contact us with the email below to connect with great lenders!
Do you have questions about title insurance? Email Latane and Matt [email protected].. Want to use Allied Title & Escrow when buying a house?Tell your agent when you buy a house to write Allied title and escort As your payment company!
Boring Title: 3 Reasons You Should Consider Refinancing Your Mortgage Now Source link Boring Title: 3 Reasons You Should Consider Refinancing Your Mortgage Now