Standard Refinance

A Great Time to Refinance

The chance to refinance you mortgage at a lower interest rate is always appealing, but is it the right decision?

Before deciding whether or not to refinance, you need to determine what you want to accomplish. Refinancing replaces your original loan for another loan, often at a lower interest rate and more favorable terms for the homeowner. For example, a 30 year loan could be reduced down to a 20 year loan or a loan could be extended depending on the homeowners financial goals. Reducing the interest expense is the most common goal of a refinance. But some homeowners also appreciate the ability to extend the loan back out to 30 years, reducing the monthly payment.

Debt consolidation is another goal of refinancing. If you have both a first mortgage and a home equity mortgage, combining the two mortgages into one fixed-rate mortgage levels out the payment over the loan term.

In some cases, a mortgage refinance makes sense. In other cases, it may be more prudent to stick with your current mortgage.

Below are some reasons you should consider refinancing your home:
  • Lower Your Monthly Payment
  • Pay Off Your Mortgage Faster
  • Consolidate Your Debt
  • Get Cash from Your Home
  • Keep Your Mortgage Payment from Rising
  • Earn More from Your Investment Property
Blanket Mortgage® offers a variety of loan products to suit every refinancing need. We are committed to helping our clients find the right mortgage product. Due to low mortgage rates the time to act is now. With our network of professional providers, we're well-positioned to help you lock in at the lowest rate possible.

Is Standard Refinancing Right For You?

Blanket Mortgage can help you best determine if a Refinance is right for you. Contact us today!
  • Call us at 305.274.5626 -or-
  • Fill out the contact us form to the right -or-
  • Visit our offices. Get Directions -or-
  • Use our Apply Now option.
We look forward to serving you!

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