Recently Closed - Term Reduction Refinance in Drexel Hill, PA
By John Meussner, #MortgageMadeEasy Fair Oaks, CA 484-680-4852
(Mortgages in AZ, CA, CO, DE, FL, GA, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI)
Loan Term Reduction Refinance in Drexel Hill, PA When it comes to effective retirement planning, one of the best moves most people can make it ensuring that they are not burdened with debt at a time in life when income decreases. For many home owners, thismeans trying to get rid of their mortgage payment by the time they hit retirement age so they can stop working and still enjoy a level of cash flow that allows a safe, happy, andcomfortable lifestyle.With that reason in mind, many home owners opt to refinance their mortgage into a 15 year loan rather than the standard 30 year loan. The benefit is two-fold, as a 15 year loan saves a borrower a ton on interest simply with the shorter term, but on top of that, a 15 year mortgage interest rate can be substantially lower than a 30 year ra...
Comments
0