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Key Steps a Homeowner Should Know For Refinancing Their Home – North Florida Mortgage

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Chris Doering Mortgage is North Central Florida’s expert for home refinancing, FHA, VA, or conventional loans and more!. it’s important to know what you’re looking for when purchasing a home. Attending open houses is a key step in getting a feel for what you like, what you don’t like.

A homeowner who’s refinancing may opt to go with a 15-year mortgage, allowing them to pay off their home faster. Shorter loans have lower refinance rates than longer ones do, so Florida homeowners can sometimes knock several years off their loan with little or no increase in monthly payments. Someone purchasing a high-end property may need to.

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Key Steps a Homeowner Should Know For Refinancing Their Home Written by Jason Nelson on February 16, 2018 Mortgage refinancing is a process through which a borrower replaces an existing mortgage with a new one, which will be used to pay off current debt.