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Things You Need to Know About Refinancing

Is your current mortgage rate becoming a financial burden? Mortgage refinancing can improve and stabilize your financial condition. If your mortgage loan has a high rate of interest and you want to lower the rate, mortgage refinancing can be the best decision. Refinancing can save you a lot of money over the course of the loan's term. By taking professional help of a home loan officer, you'll benefit a lot. They will analyze your financial situation and suggest you with the best refinancing option. This presentation provides important things you should know about refinancing.

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Things You Need to Know About Refinancing

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  1. Important Things You Should Know About Refinancing Drew Mortgage Associates

  2. Is your current mortgage rate affecting your finances? Mortgage refinancing can improve your financial situation by reducing your financial burden. If your loan has a high-interest rate and you want it to be lower, mortgage refinancing can be the best option. Refinancing can save you a lot of money over the course of the loan's term. Utilizing professional help from a home loan officer will benefit borrowers. Home loan officers will analyze your financial situation and recommend the best refinancing option for you. Contact us: 1-877-949-3739 www.drewmortgage.com

  3. What Is Refinancing? ● Refinancing is the process of replacing an existing loan with a new one. ● Most people refinance to change their adjustable rate mortgage to a fixed rate mortgage, to lower their mortgage rate, or to reduce the term of their loan. Contact us: 1-877-949-3739 www.drewmortgage.com

  4. Why Should You Refinance? 1) Refinance to Lower the Mortgage Rate ● Helps you save money in the long run ● Helps you reduce your monthly payment Contact us: 1-877-949-3739 www.drewmortgage.com

  5. 2) Refinance From an Adjustable-Rate Mortgage to a Fixed-Rate Mortgage ● Adjustable Rate Mortgages (ARM's) work best when mortgage rates are low. ● As rates increase, ARM's become a burden. ● If you're planning to stay in your home for an extended period of time, then refinancing your mortgage loan to a fixed-rate mortgage loan make sense. Contact us: 1-877-949-3739 www.drewmortgage.com

  6. 3) Refinance to Pay Off Your Mortgage Early ● Refinancing your home loan can help you pay off your home loan quickly. ● Refinance to a 10, 15, or 20-year fixed mortgage, instead of 30-year mortgage. Contact us: 1-877-949-3739 www.drewmortgage.com

  7. Important Things to Remember: Refinancing Includes Costs Refinancing isn’t free and involves some costs Fees for refinancing: ● Appraisal ● Processing ● Underwriting ● Credit Report Contact us: 1-877-949-3739 www.drewmortgage.com

  8. If you're looking for a mortgage lender in MA that can help refinance your loan, Drew Mortgage Associates, Inc. can help! Drew Mortgage Associates, Inc. is a Boston mortgage lender that can help provide mortgage loans or refinance your loan to a lower interest rate or reduced term. Our professional home loan officers will recommend the best mortgage loan that suits your current financial situation. We'll help you throughout the home loan process and assist you while filling out the mortgage loan application form. What are you waiting for? Call Drew Mortgage Associates, Inc. today! Contact us: 1-877-949-3739 www.drewmortgage.com

  9. Read More About : Things You Need to Know About Refinancing Contact us: 1-877-949-3739 www.drewmortgage.com

  10. DREW MORTGAGE BRANCH OFFICES: Drew Mortgage Associates 196 Boston Turnpike Road Shrewsbury, MA 01545 Phone: 508-753-1656 Website: https://www.drewmortgage.com/ Peabody Mortgage Lenders 1 Mt Pleasant Drive Peabody, MA 01960 Phone: (978) 750-1080 Boston Mortgage Lenders 232 Commercial St Boston, MA 02109 Phone: (617) 523-3060 Contact us: 1-877-949-3739 www.drewmortgage.com

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