There are a few options you can utilize to lower your monthly payment:

• The obvious one is to refinance at a lower interest rate. In fact, a drop of just a half to three quarters of a percentage point can lower your payment significantly.


• You can also change the term on your mortgage to lower your payment.


a. Switching from a 15 year to a 30 year term.


b. Transitions from a fixed rate to a lower interest rate adjustable mortgage
• If long term savings is more appealing to you, refinancing from a 30 year to a 15 year can save you thousands of dollars through out the life of your loan.

It is absolutely free to find out if now is a good time for you to refinance, fill out the online application or call us today.