Refinancing your Mortgage Indiana

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

Local Companies

Countrywide Home Loans
260-497-3100
1491 W Dupont RD
Fort Wayne, IN
Countrywide Home Loans
317-423-7752
52 Monument Cir
Indianapolis, IN
American Home Loans
317-375-1970
6919 E 10th St
Indianapolis, IN
Lifegard Window Specialists
(317) 892-4406
Pittsboro, IN
Steve Gray Renovations Inc
(317) 596-0928
Indianapolis, IN
E & L Construction
(317) 377-1683
4001 E 38th St
Indianapolis, IN
Sweigart's Plumbing
(765) 683-0847
2311 E 10th St
Anderson, IN
McGraw Construction
(765) 922-4623
6491 W 900 S
Fairmount, IN
Sunrise Landscaping & Deck Construction Inc
(317) 898-5732
8019 E 36th St
Indianapolis, IN
Gardner Paul
(317) 253-3187
7539 Terrace Bch
Indianapolis, IN

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

Countrywide Home Loans

260-497-3100
1491 W Dupont RD
Fort Wayne, IN
http://www.marriott.com

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