Refinance 1st And 2nd Mortgages
It probably comes as no surprise that you can refinance a 1st mortgage, but you may be shocked to learn that you can refinance a 2nd mortgage as well. You can refinance your 1st and 2nd mortgages into one loan, eliminating the hassle of making two separate monthly payments. This may not only offer you convenience, buy it may also provide you with a way of saving money.
For a homeowner who took on a 1st and 2nd mortgage during a time when high interest rates prevailed, refinancing both mortgages into one loan may allow the borrower to take advantage of lower interest rates. This could translate into thousands of dollars of savings on mortgage loan payments. If the 1st and 2nd loans are adjustable-rate mortgages (ARMs), the borrower may even decide to refinance into a fixed-rate loan, gaining freedom from interest-rate fluctuations.
Refinance 1st and 2nd Mortgages at Low Rates
Where do you go for more information about refinancing and interest-rate comparisons? You have a prime source in us at 4MortgageRateQuotes.com. We provide rate quotes to borrowers across the nation, matching them with the best lenders for their refinance needs. We won't attempt to sell you anything or inundate you with meaningless junk mail. We respect your time and your privacy.
To get rate quotes for refinancing 1st and 2nd mortgages, complete our online request form now. We'll provide you with up to four rate quotes from refinance lenders that are well suited to your borrowing needs. Make your online quote request now!