Refinancing works by giving a homeowner access to a new mortgage loan which replaces its existing one. The details of the new mortgage loan can be customized by the homeowner, include the new loan's mortgage rate, loan length in years, and amount borrowed. Refinances can be used to reduce a homeowner's monthly mortgage payment; to take cash out for home improvements; and, to cancel mortgage insurance premiums, among other uses.
8036 Wilfredo Ct. Naples, FL. 34114
(239) 384-9964
david@lexiconmortgage.com
Lexicon Mortgage | NMLS# 1619637
David Lebowitz | NMLS# 167600