Is it a Good Idea to Refinance? - Mortgage Refinance options

Описание: This video will help explain how you can decide if it's a good idea to refinance. Should you refinance if you're saving less than 1% off the rate?

How to decide when to refinance your mortgage:

1. What's the cost of a refinance?
2. How long will it take for you to recoup the cost of a refinance?
3. How long do you plan on owning the property?
4. Will you make up the cost of a refinance before you plan on selling the property?




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Although I am a licensed loan officer (NMLS 478026), this is not an attempt to solicit for any lending products, this is for educational and entertainment purposes. Everyone's situation is different, so consult your loan officer and real estate agent/REALTOR to better understand your situation and options.

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