In this video, guest speaker and Senior Mortgage Advisor Rachel Pierce talks about when it makes sense to refinance, whether it is smart (or not) to refinance into a longer term, several different refinancing scenarios, and just what the refinancing process is like as well as what costs you can expect.
When you should or shouldn’t refinance
Eligibility to refinance
Refinancing for a better interest rate or different term
Cash out refinance
Costs associated with refinancing