3 Things You Must Know Before You Start A Mortgage Refinance

By
Real Estate Broker/Owner with Maxus Realty Group - Broker 301-246-0001 Broker - Realtor - CEO

Maxus Realty Group Agents are local specialists with knowledge to help you buy and sell the right home, at the right price.

We are passionate about you as a client, we will always protect your best interests just because it's the only way we do business day in and day out.

Today, we'll talk about 3 Things You Must Know Before You Start A Mortgage Refinance

 

#1 A Mortgage Refinance Can Lengthen Your Payoff Time

 As soon as you start with your new refi loan, you'll have a new 30-year mortgage that resets your old loan back to thirty years.

You must consider this when making a decision based on your actual loan period.   

 

#2 A Refinance Can Have High Closing Costs

 

 

 

READ MORE: https://www.maxusrealtygroup.com/blog/1005/3+Things+You+Must+Know+Before+You+Start+A+Mortgage+Refinance

 
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Comments (2)

Bill Salvatore - YVP Blog
Arizona Elite Properties - Chandler, AZ
Realtor - Valley of the Sun / golfArizona@cox.net

Fernando,]

Three very good points.  Thanks for the post and make it a productive Tuesday.  Bill Salvatore

Jul 20, 2021 12:45 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Fernando Herboso - Broker for Maxus Realty Group these are very good things to know before start a mortgage refinance.

Jul 20, 2021 01:41 PM