Refinancing your home with GMFS Mortgage could save you a significant amount of money and/or improve your cash flow.

GMFS Mortgage Refinance Customer Reviews

Benefits of Mortgage Refinancing

Refinancing a mortgage means paying off your existing home loan and replacing it with a new one. Typical benefits of a refi include:

  • Lower interest rate and lower monthly payment
  • Consolidate debt
  • Use your home’s equity to generate additional cash
  • Changing the loan terms for savings or to build equity faster
  • Improve your credit and your monthly cash flow

Popular Mortgage Refinance Options

Cash-Out Refinance is when you use your home’s equity to refinance for more than the outstanding balance owed on your current mortgage. Then, after paying off your original mortgage, the amount left over is used to payoff your other debt or for other needs (e.g. remodel, tuition, your business, etc.)

FHA Streamline Refinance: Homeowners with a current FHA loan can save money by refinancing to a new lower rate and payment.

 

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See also Refinance ProcessHome Loan Options and Mortgage Resources

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