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Refinancing your Mortgage Colorado

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

Local Companies

M & T BANK - MORTGAGE DIVISION
303779-8858
2770 S. Elmira St ste. 37
Denver, CO

Megastar Financial Corp
(303) 429-2500
9035 Wadsworth Pkwy. # 2730
Westminster, CO

Megastar Financial-North Metro
(303) 596-8672
9035 Wadsworth Parkway, Suite 2730
Westminster, CO

Wells Fargo Home Mortgage
(303) 430-6754
9737 Wadsworth Pkwy
Westminster, CO

Wells Fargo Reverse Mortgage
(303) 467-7821
9911 Hoyt Way
Westminster, CO

Colorado Lending Source
(303) 657-0010
518 17th St., Unit 1800
Denver, CO

AMERICA'S MORTGAGE, LLC.
720327-6328
11941 W. 48th Ave. #200
Wheat Ridge, CO

Wells Fargo Home Mortgage
(719) 542-5881
201 W. 8th Street
Pueblo, CO

Cherry Creek Mortgage Company - Arvada
(303) 456-4403
7850 Vance Drive, Ste. 160
Arvada, CO

ALMC MORTGAGE
303696-6933
10800 E Bethany Dr 300
Aurora, CO

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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

M & T BANK - MORTGAGE DIVISION

303779-8858
2770 S. Elmira St ste. 37
Denver, CO

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Related Local Event

MULTI-HOUSING WORLD CONFERENCE & EXPO 2009
Dates: 10/1/2009 - 10/2/2009
Location: Colorado Convention Center
Denver, CO
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