What does it mean to refinance your mortgage?
Channel: Paul Miller
Date: 2020-05-08

A straightforward explanation of what it means to refinance your mortgage.
Refinancing is the process of trading in your current loan for a new loan. Here's what the process looks like. 
1. You have an existing loan and you would like to improve in some way; whether that's rates or duration. 
2. You find a lender with better terms and you apply for the new loan. (That’s what I do)
3. The new loan pays off the existing debt completely 
4. You make payments on the loan until you pay it off or refinance again.
Why would somebody refinance? 
People usually refinance their loans to get lower payments, cut years off their mortgage or consolidate debt.
Now that you understand what refinance is contact me right away so we can explore some of your options and start saving.
To get started simply click: https://myloan.jmj.me/borrower/signup/pmiller@jmj.me