The Legends Mortgage Team
Make the next decision with context.
A refinance replaces an existing mortgage. Compare costs, time in the home, remaining term and the reason for the change. A lower payment can result from extending repayment; it does not necessarily mean a lower total cost.
Refinancing
Ask questions that move the conversation forward.
Compare the full cost, documentation, property use and timing. An option that works for someone else can have different conditions for your transaction.
- Which borrower and property facts do we need to review first?
- Which costs are due at closing, and which continue afterward?
- Which conditions can change before closing?
- Which alternatives deserve a comparison?