Refinancing allows you to replace your existing mortgage with a brand-new one, tailored to meet your current needs and goals. Whether you’re looking to tap into the additional equity of your property for major expenses, or seeking to extend your loan’s amortization period up to 30 years for more manageable payments, mortgage refinancing offers a flexible solution.

It’s important to note that refinancing is distinct from a mortgage switch, where you simply transfer your remaining loan balance and terms to a different lender. With refinancing, you have the freedom to choose either your current lender or explore new opportunities with a different one, ensuring you get the best deal possible. Embrace the opportunity to reshape your mortgage and enhance your financial landscape with a refinance plan that works for you!

There are many reasons why a mortgage refinance may make sense for you:

• Consolidating multiple mortgages into just one
  Making multiple mortgage payments at the same time can be not only expensive for some, but also stressful. Consolidate multiple mortgages into one for a single payment, and most likely, added savings. There also may be an opportunity to consolidate additional debt or take out more money if needed.

• Consolidate debt
  Get rid of those high interest credit card payments once and for all!  Consider consolidating your credit card and other debt into a single low mortgage payment.  Take advantage of today’s ridiculously low mortgage rates and just watch how much money you save each month!

• Renovations and other home improvements
  If you need money to put in that new kitchen or bathroom you have always wanted, and you have equity in your home, then refinancing your mortgage may be a great, low cost way of financing the renovation.

• If you need money for any other reason
  Maybe you want to put your kids through college, take that dream vacation, or buy a new car.  Whatever the reason, refinancing your mortgage can be one of the least expensive ways to borrow money.

We can help you decide whether now is the right time to refinance, or if it will make more sense down the road. Refinancing should be thought through carefully and expenses need to be factored in such as penalties to break your current mortgage as well as legal fees. These are all things we will look at for you in detail to ensure you are making the best possible decision.

PMT Mortgage is able to offer some of the lowest and most competitive mortgage refinance rates in the market today. We will ensure you get the best deal possible. With my extensive knowledge of the mortgage industry, I will ensure you get the guidance you need in making the right decision when it comes to your mortgage refinance.