Refinancing your home in Bountiful, Utah.
Refinancing your Bountiful home can be a great option for you!
Most people want to refinance when:
- They want a lower monthly payment.
- To cash out on their home's equity.
- They want to get rid of their Private Mortgage Insurance (PMI).
- And to avoid paying balloon payments (requires you to pay the entire balance at the end of the short life of the loan).
To calculate your current mortgage use this simple Mortgage Calculator Tool.
Refinancing has many benefits! If you've been meeting your monthly payments, your credit score probably got better! This means you could qualify for a lower interest rate and lower monthly payments. This could save you hundreds of dollars!
If your home has gained equity and your loan has decreased, refinancing could let you take out a portion of that equity and put it towards that new car, dream vacation, or even pay for a child's college tuition!
First time refinancing? Here is a great webpage to help you understand all the ins and outs of refinancing: Beginners Guide to Refinancing Your Mortgage.
The absolute best thing you can do to answer your refinancing questions is by talking to a mortgage professional in the Bountiful area. The Spencer Stott Team is very experienced with refinancing mortgages in Bountiful, just check out our Refinance Center!
You can call, e-mail, instant message or contact us in any way to answer any and all of your questions right now.
We believe in 100% honesty and want to help you get the best option when refinancing your home in Bountiful, Utah.