At some point in your home owning experience you may be interested in refinancing options. Whether you want to refinance to move to a fixed rate loan or gain short term savings through an adjustable rate mortgage, L’Altrella Lending Group has the experience to help you refinance a mortgage that makes sense and will be beneficial to your financial needs.
Knowing why you want to refinance and exploring all available options is what makes the professionals at L’Altrella Lending Group unique and we provide all of our clients with sound advice so they can make informed decisions that will make refinancing easy.
What Are Your Goals?
When weighing a decision to refinance it helps to know the factors that will be involved including your financial goals, the interest rate on the new home loans, the interest rate on your existing mortgage, your marginal income tax rate and your ability to use the mortgage interest deduction on your income taxes.
When you work with a mortgage broker at L’Altrella Lending Group you get a dedicated professional who strives to make the refinancing process simple and plain so you understand what is changing and how it will affect you. From taking equity out of your home to eliminating mortgage insurance, refinancing has many benefits but only when it is done through careful planning.
There are several benefits to mortgage loan refinancing including:
- Lowering Monthly Payments
- Consolidating Debt
- Getting Out of Adjustable Rate Mortgages (ARMs)
- Shortening the Time of Your Loan
Why you choose to refinance is an important decision and one that should not be rushed. When you work with L'Altrella Lending Group you will benefit from our industry expertise, patience and foresight in navigating the loan refinancing process.
We're not just your mortgage broker, we're your neighbor.
We keep you informed of all the options and variables that are involved with refinancing a mortgage in Connecticut so you have the information you need to make the best decision for you and your family.