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Refinancing your Mortgage Florida

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

Local Companies

taylor,bean.com
786 601 2215
337 nw 5 av
Homestead, FL

Blanchard Mortgage
(727) 793-0073
2755 Westchester Drive North
Clearwater, FL

Wells Fargo Home Mortgage
561-241-2164
2000 Glades Rd., Ste. 400
Boca Raton, FL

Washington Mutual Home Loans
357-5461
2601 10th Ave. North, Ste. 206
Lake Worth, FL

International Land Consultants - Hawkes Bluff
(561) 368-3335
4400 N federal Highway
Boca Raton, FL

Grubb & Ellis
(561) 893-6285
2255 Glades Road
One Boca Place, FL

Wells Fargo Home Mortgage
561-241-2164
2000 Glades Rd., Ste. 400
Boca Raton, FL

Washington Mutual Home Loans
357-5461
2601 10th Ave. North, Ste. 206
Lake Worth, FL

Axcess Commercial Lending
561-929-9699
500 Fairway Dr., Ste. 110
Deerfield Beach, FL

Manhattan Mortgage Corp.
572-3010
2771 Hypoluxo Road
Lake Worth, FL

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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

taylor,bean.com

786 601 2215
337 nw 5 av
Homestead, FL

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