Benefits of Refinancing Your Home:

1) Lower your interest rate (APR)

2)Lower your monthly mortgage payment-freeing up extra income for your household

3) Possibly decrease your payoff term

4) Eliminate your Private Mortgage Insurance (PMI)

5) Possibly pay off your home loan early

6) Lock in a fix interest rate if you don't already have one

7) Obtain funds for home improvements or repairs

8) Possibly Spend less over the life of your home loan

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