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Refinance

Make Your Mortgage Work For You!

 

A mortgage refinance is the replacement of your existing mortgage with a new loan that may have different or more favorable terms, such as a shorter repayment term, a lower interest rate, or lower monthly payments (total finance charges may be higher over the life of the loan).

Refinancing is a term that intimidates some homeowners, but don’t worry — Loans By Carl is here to educate you, and provide the necessary support so you can meet your financial goals. Refinancing often results in a more favorable financial situation.