Port St Lucie Refinance

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Port St Lucie FL home owners have been the hardest hit during the economic down turn of this decade. Many home owners have lost their home by means of foreclosure, and if proper steps are not taken, more foreclosure will follow. If you are having difficulty with mortgage payments and are concerned about losing your home, First Nationwide Lending can assist clients in the proper direction so that you can refinance your Port St Lucie mortgage.

What is Port St Lucie Refinancing?

Most property owners falsely assume that refinancing means reworking your existing Port St Lucie mortgage, however, refinancing encompasses taking out a new mortgage to pay off the previous mortgage, with taking out a refinancing mortgage you are able to obtain new and more favorable terms.

Added Benefits of a Port St Lucie Refinance Mortgage

•  Getting lower rates means, lower monthly loan payments.
•  Reduce your home mortgage term, allowing you to pay your mortgage quicker, thereby allowing you to save money on interest expenses
•  Lengthen your home loan term to disburse your payments across a larger time frame, therefore relieving stress
•  Refinancing for a higher loan amount and receive money for home improvements, kids college or other personal needs

At what point you consider a Port St Lucie Florida mortgage refinance?

Refinancing your current mortgage can be helpful but to fully gain its advantages it must be executed correctly. If you come across a fixed loan on your Port St Lucie property and the ongoing refinance rates have dropped below your current mortgage rate. It might be an advantageous time to refinance. Additionally, if you are less than 10 years into a 30 year loan and the rates are below your current rate, then you will gain from Port St Lucie Florida refinance mortgages.

Refinancing your mortgage can be somewhat challenging in today’s environment but with the help of First Nationwide Lending you can find out what may be the plan of action that would be best with respect to your existing Port St Lucie FL mortgage. For consultation and guidance regarding refinance your mortgage please contact First Nationwide Lending at (877) 442-4023 or complete a rate quote form to get pre-qualified.

 

Contact Us

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1990 Main Street, Suite 750
Sarasota, FL 34236
Phone: (941) 256-3729
Toll Free: (877) 442-4023

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