At VyStar, we never forget that it’s your money, and we want what’s best for you and your family. If you are a homeowner considering refinancing your mortgage, we want to first remind you how important it is to carefully weigh the pros and cons. There may be expenses such as prepayment penalties on your current mortgage that impact or even negate the potential savings. But, of course, if the conditions are right, making the decision to refinance now could save you a lot of money.
Some good reasons to consider refinancing your current mortgage are to consolidate your debt, lower your interest rate, reduce your monthly payments, build more equity or even shorten the term of your loan so you can pay off your mortgage sooner.
How much money you may be able to save depends on a number of variables. Estimate your potential savings with our financial calculators.
Visit our Mortgage Center for more information and to start your application. Or, to talk through your options, contact a VyStar Mortgage Loan Consultant today. Call (904) 777-6000, 1 (800) 445-6289, option 3, or stop by any VyStar branch.