Refinancing your Mortgage Louisiana

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

Local Companies

Chase Home Loans
225-291-1580
10500 Coursey Blvd
Baton Rouge, LA
Farbe's Electric
(985) 882-7005
Lacombe, LA
Rosewood Homes Inc
(337) 239-2326
802 Abe Allen Memorial D
Leesville, LA
US Home Improvements
(504) 362-2556
Gretna, LA
Advanced Cabinet Systems & Renovators
(985) 645-0671
Slidell, LA
Calcasieu Drywall & Painting
(337) 433-8660
Lake Charles, LA
Home Depot
(504) 482-1985
500 N Carrollton Ave
New Orleans, LA
D & B Home Improvement Inc
(504) 366-1536
2704 4th St
Harvey, LA
Miller Properties of Louisiana Llc
(225) 752-2154
Baton Rouge, LA
Hutchinson Johnny Additions & Remodeling Co
(318) 878-5083
230 Lakeview Dr
Delhi, LA

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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

Chase Home Loans

225-291-1580
10500 Coursey Blvd
Baton Rouge, LA

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Dates: 11/5/2010 - 11/8/2010
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