Refinancing the right way
Want to take a second look at that mortgage you are already sitting on? We at Vibrant can help. Whether you are looking to capitalize on a lower rate, switch to an adjustable rate or cash in on some of your home equity, we are with you every step of the way.
A refinance is usually a good idea for those who plan to stay in their home for a few more years. That's about how long it takes to recoup the savings from a lower mortgage rate or shorter term. A typical refinance is going to cost around 3%-6% of your mortgage principal, but that cost can be worth it in the long run. Consult with one of our mortgage experts to discuss your options.
Do your homework
View this handy dandy home loan toolkit from the Consumer Financial Protection Bureau for information about shopping for and understanding a home mortgage.