Refinancing your Mortgage Arizona

Before you decide to renegotiate your mortgage, carefully consider the potential costs involved...

Local Companies

American Home Loans
480-385-2741
6750 E Camelback RD
Scottsdale, AZ
Sun State Home Loans
480-585-1616
8765 E Bell Rd
Scottsdale, AZ
Primary Residential Mortgage Inc.
(602) 692-9933
21043 N. Cave Creek Rd.
Phoenix, AZ
Primary Residential Mortgage Inc.
(602) 692-9933
21043 N. Cave Creek Rd. A13
Phoenix, AZ
Approved Home Loans
520-829-9651
310 S Williams Blvd Ste 305
Tucson, AZ
Capital Lenders
(928) 763-4477
1967 Hwy 95
Bullhead City, AZ
Home Run Loans
480-632-2055
4121 E Valley Auto Dr
Mesa, AZ
West Valley National Bank
(623) 535-2460
12725 W. Indian School Rd
Avondale, AZ
Castle & Cooke Mortgage LLC
(623) 399-6005
29030 N. 69th Ave.
Peoria, AZ
Castle & Cooke Mortgage
(623) 399-6005
29030 N. 69th
Peoria, AZ

provided by: 
Written by Scotiabank

With today's low interest rates, many homeowners are taking a hard look at the financing of their most important asset. Before you decide to renegotiate your mortgage, carefully consider the potential costs involved.

If your mortgage is closed (that is, you can't pay it ahead of schedule), you may face a penalty when you renegotiate. It may still be worthwhile to refinance. The key is to determine whether the potential interest-rate savings outweigh the penalty.The rough guideline is that refinancing makes financial sense if the refinancing rate is at least two percentage points below your current rate.

Your mortgage specialist can help you crunch the numbers.Let us help you get the upper hand on your home financing. Visit scotiabank.com/upperhand for great tips, calculators and more.

Want to get more information on your home-related financing goals by email? Sign up here.


article at HomeRenovationGuide.com

Featured Local Company

American Home Loans

480-385-2741
6750 E Camelback RD
Scottsdale, AZ


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