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Refinancing your Mortgage Portsmouth VA

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

Local Companies

Countrywide Home Loans
757-631-2402
2901 S Lynnhaven Rd
Virginia Beach, VA
Countrywide Home Loans
757-547-4210
636 Cedar RD
Chesapeake, VA
Davis G R & Sons Inc
(757) 397-0844
707 Mt Vernon Ave
Portsmouth, VA
Mr Fixer
(757) 405-5500
Portsmouth, VA
Eastern Building & Remodeling Llc
(757) 337-0562
3621 Moore Rd
Portsmouth, VA
Farris Enterprises Inc
(757) 484-4813
5937 Village St
Portsmouth, VA
United Home Services Inc
(703) 754-4686
Catharpin, VA
Huffman Home Improvements
(757) 463-4948
Virginia Beach, VA
Preston Brothers Builders Inc
(804) 769-0385
108 Pine Ln
King William, VA
Remodeling Specialists
(540) 898-3113
Fredericksburg, VA

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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

757-631-2402
2901 S Lynnhaven Rd
Virginia Beach, VA
http://www.marriott.com
Read more about Refinancing your Mortgage

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