Why refinance your home? There are a number of reasons to consider
refinancing the loan on your home. Some people refinance as a
way of taking advantage of lower interest rates, called Rate and
Term REFI, enabling them to reduce their monthly mortgage payments
without pulling any home equity out. Some refinance to a shorter-term
mortgage, which enables them to build equity in their homes faster.
And some homeowners refinance to tap into the equity they've accumulated
in their houses, using the funds for home improvement or other
needs, such as debt consolidation or their children's education,
we called these types on loans HELCO or Home Equity Line of Credit
Do you want to take advantage of these benefits, but wonder if
refinancing will be worth the time and money you'll need to invest?
Do you feel unsure about the entire refinancing process? Don’t
worry, the refinancing process is simple. It involves paying off
your existing mortgage loan and taking out a new one on the same
house. Your new mortgage loan could be at a more attractive interest
rate, or for a different term. Or, you could get an entirely different
type of loan — for example, you could switch from an adjustable-rate
mortgage (ARM) to a fixed-rate mortgage.
If it's been a few years since you got your current mortgage
loan, you may need to refresh your memory about some of the terminology
used on these pages. You can also have our loan officers go over
everything and you do not need to be afraid to ask questions about
To inquire about a Colorado refinance mortgage loan. Just complete
this short form and one of our Colorado home loan consultants
will contact you. You can also call us Toll free at 855-529-5222
Colorado Loan Application
Inquire about a loan online with us. Just complete this short form
and one of our Colorado home loan consultants will contact you.