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Refinancing your Mortgage New Jersey

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

Local Companies

Countrywide Home Loans
(973) 642-0232
60 Park Pl
Newark, NJ

Atlantic Home Loans
(201) 798-4888
3017 John F Kennedy Blvd
Jersey City, NJ

Tecna Corp.
(201) 529-0410
1 International Blvd.
Mahwah, NJ

The Kauderer Group
(866) 807-5111
15 S. Main Street
Marlboro, NJ

T & K Contractors
(732) 625-9885
11 Broadway
Freehold, NJ

Esc Remodeling Group Llc
(973) 808-1940
333 US Highway 46
Fairfield, NJ

Steven's Fine Carpentry
(856) 869-3366
Collingswood, NJ

5 Brothers Construction
(609) 242-8770
Barnegat, NJ

Amazing Cleaning Service
(973) 616-9660
Pompton Lakes, NJ

Ramsey's Home Improvements
(856) 293-9200
Millville, NJ

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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

Countrywide Home Loans

(973) 642-0232
60 Park Pl
Newark, NJ
http://www.marriott.com

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