One way to save money on your mortgage is by refinancing, and the good news is it may be easier than you think. Refinancing your home allows you to lower the interest rate on your mortgage. This results in lower payments, saving you a substantial amount of money in the long run. Here’s what you need to refinance your home…

Review Your Credit Score

A good credit score makes refinancing your home at a lower interest rate easier. There are several ways to improve your credit score, like always taking care of bills on time, and paying off credit card debt. A reliable payment history also prevents your credit score from being dinged, which makes it easier to qualify for effective mortgage refinancing.

What are the Terms?

Make sure that you understand the interest rate, terms, payment structure, and amount of time you’re given to repay the refinancing loan. Luckily, we offer some of the best terms and interest rates on the market, along with some of the lowest monthly payments.

Calculate Your New Payments

Prior to refinancing your home, it’s important to make sure you know how much you’ll pay over the years. You can figure this out by using a mortgage payment calculator. This simple tool can help you decide if refinancing your home is the right decision for you.

Refinancing Your Home with Mortgage Genie

Are you ready to lower your monthly mortgage payments on your home? If you’re interested in refinancing your home, get in touch with Karen Douglas at Mortgage Genie. She offers low rates, plus terms that make refinancing accessible to people with a wide range of credit scores. Surprisingly, this is actually a good time to consider your refinancing options. So, if you have questions about what’s best for your situation, contact Karen at (925) 648-0981.