5 Reasons to Consider Refinancing Your Biggest Investment

Lower Your
Interest Rate

By lowering your interest rate, you’ll be able to save money each and every month.Refinancing could make a huge difference in your monthly payments and save you money!

Build Equity Faster

Is your financial situation better now than when you first obtained your mortgage? Making higher monthly payments due to a salary increase may be beneficial in the long run. Higher monthly payments will help you build equity in your home faster.

Change Up
Your Loan Program

If you have an adjustable rate mortgage, a consistent monthly payment is an attractive option. HCP Mortgage can help you determine what kind of loan program would work best for you.

Qualify for
Better Programs

Your credit score may have improved since you originally purchased your home loan, especially if you’ve been making your mortgage payments on time. HCP Mortgage can review your current credit score and determine if refinancing is for you.

Use Your
Established Equity

Refinancing may allow you to tap into the equity you’ve built in your home. Using this line of credit can help pay off debts such as credit cards and school or vehicle loans. By working with a HCP Loan Officer you can decide if this is right for you.