For example, you may have been working at improving your credit score and now qualify for a new mortgage with a better discount, or you may want to stabilize your payments by changing from a variable rate mortgage to a fixed-rate.

Refinancing is also a good option to pull out equity for consolidating debt, home improvements, investments, college expenses, and more.

There are a lot of options to consider. For more information on refinancing, check out this one page summary.

The best option is to get started by looking at scenarios that fit your goals best and allow time to make informed decisions.

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