Mortgage Refinance

A refinance replaces an existing mortgage with a new one, for example to lower the rate or payment, change the loan term, or take cash out of home equity.

Whether a refinance makes sense depends on closing costs, the new rate and how long the borrower plans to keep the home.

Rick Carrier, NMLS #268110, The Carrier Mortgage Team, Innovative Mortgage Services, Inc. (Company NMLS #250769). Call (281) 767-6700.