Refinancing is the process of replacing your current mortgage with a new and more beneficial mortgage for your property. There are numerous benefits to refinancing your mortgage and based on your financial goals, our team can help navigate a path for you to reach those goals through your mortgage.
1. Rate and Term Refinance: during this type of refinance process, we pay off your existing mortgage with a new mortgage while taking advantage of benefits such as lowering your rate, changing your loan terms, or changing the ownership of your property, to name a few.
2. Cash-Out Refinance: during this type of refinance, we pay off your existing mortgage and tap into additional benefits that you qualify for based on the current market value of your property. With a cash-out refinance, we design a new loan with you to reach additional financial goals such as funding your next home project or taking cash out on your equity to pay off debt.
No matter what your financial goals are, a mortgage refinance may be the solution to help you reach those goals while bringing you significant savings. The JWH team is here to help you every step of the way to distinguish what loan program is right for you. Click on the modules below to learn more.