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Wondering if refinancing makes sense. Old school advice said you needed to drop 1% to 2% in your mortgage interest rate. That has never been true. The reality is that refinancing can make sense for many reasons. Removing mortgage insurance, switching to a shorter term. like a 15-yr or 20-yr mortgage. Even going from a shorter term to a longer term to lower payments, taking cash out for other uses,
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33 Wentworth Ave E, St Paul, MN 55118
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Joe@JoeMetzler.com
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Cambria Mortgage
NMLS# 322798 Branch:1888858
Joe Metzler Loan Officer
NMLS# 274132. License MN #MLO-274132, WI #11418. SD #MLO.03095, ND #NDMLO274132, IA #36175, FL #LO119389, CO #100536785
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Equal Housing Lender. The Joe Metzler Team at Cambria Mortgage lends in Minnesota, Wisconsin, Iowa, North Dakota, South Dakota, Colorado, and Florida only. This is not an offer to lend or to extend credit, nor is this a guaranty of loan approval or commitment to lend. Information here can become out of date, and may no longer be accurate. Products and interest rates are subject to change at any time due to changing market conditions. Not all programs available in all states. Actual rates available to you may vary based upon a number of factors. Consumers must independently verify the accuracy and currency of available mortgage programs. All loan approvals are subject to the borrower(s) satisfying all underwriting guidelines and loan approval conditions and providing an acceptable property, appraisal and title report. Joe Metzler, NMLS 274132, Cambria Mortgage NMLS 322798. © 1998 - 2024.