If your interest rate is not in the 3’s in Indianapolis, you could be throwing away thousands of dollars over the course of your mortgage. That’s not rhetoric, it’s a fact. There are a lot of ways that having a lower interest rate will save you money. Take a look at your mortgage statement. Find out what your interest rate is. If it’s not in the 3’s, you are a prime candidate for a refinance.
There are a many loan programs that can help your particular situation in a refinance. Take high-interest credit card debt, for example. If you have lots of credit card or other high-interest debt, you can use a debt consolidation refinance using the equity in your home and today’s low interest rates, and fold your current high-interest debt into your low-interest mortgage. That way, you can pay off that debt without paying those predatory credit card interest rates.
Another example is if you’d like to shorten the term of your loan. A rate and term refinance takes your 30-year mortgage and reduces it to a 20 or even 15-year, sometimes without even raising your monthly payment! Refinancing to a lower interest rate and shortening your term this way will save you thousands of dollars in interest payments over the course of your loan, and let you finish making mortgage payments years earlier.
There are also bonuses to refinancing with The Home Loan Expert, Ryan Kelley. You’ll never pay an application fee on the front-end, and after the re-fi, you can skip a couple of months of payments! However, there is one step that you have to clear before you can refinance.
You have to call us or apply online! Call The Home Loan Expert, Ryan Kelley at 317-550-1515 or apply online at www.thehomeloanexpert.com at any time. Nobody makes it easier to refinance and save thousands of dollars than Ryan Kelley, The Home Loan Expert.