No-Cash out Refinancing
When you need a loan, you are not alone TM
Opting for more Favorable Loan Terms
This type of borrowing is also called “rate and term”, where the borrower is not looking for additional funds, but instead is seeking a lower interest rate, or is looking to change the terms of the loan, such as the amortization period, such as changing a 15-year loan to a 30-year loan to reduce the monthly payment amount.
As is the case with Cash-out refinancing, No-Cash out refinancing may or may not be beneficial, based on one’s specific circumstances.
Once again, we stand ready to assist you with critical analysis which will assist you in making this determination, before proceeding with a new loan.
Contact us today, and let us answer any questions which you may have.
