REFINANCE OPTIONS
Unlock the potential of your home equity.
Refinancing your mortgage can be a strategic financial decision, whether you're looking to lower your monthly payments, shorten your loan term, or utilize equity for other expenses. The Price Team at Stockton Mortgage can provide guidance and competitive refinancing options to help you achieve your financial goals.
Lower Monthly Payments
Take advantage of lower interest rates to reduce your monthly mortgage payments.
​
​
Reduce Your
Loan Term
Switch to a shorter loan term to pay off your mortgage faster and save on interest costs over the life of the loan.
​
Cash-Out Refinance
Convert part of your home equity into cash to fund renovations, consolidate debt, or cover other important expenses.
​
Switch Loan
Types
Transition from an adjustable-rate (ARM) to a fixed-rate mortgage for more predictable payments.
​
IS REFINANCING RIGHT FOR YOU?
Refinancing is not a one-size-fits-all solution.
It's important to consider the timing, your financial stability, market conditions, and your long-term housing plans. Here are a few scenarios where refinancing might be beneficial:
Lower Interest Rates
If interest rates have dropped since you took out your original mortgage, refinancing could reduce your monthly payments and the total amount of interest you pay over the life of the loan.
Debt Consolidation
Refinancing can also be a strategic tool to consolidate high-interest debt under a lower mortgage rate, potentially saving you money on interest charges and simplifying your finances.
Shortening Your Loan Term
If your financial situation has improved, you might want to consider refinancing to a shorter loan term to pay off your mortgage faster and save on interest.
​
Tapping into Home Equity
If you need funds for a major expense, such as home renovations, education, or medical bills, you could refinance to tap into the equity you've built in your home.
​
Start Your Refinance Journey
Unlock better terms for your mortgage with professional guidance. Fill out the form to speak with a licensed mortgage loan originator. We're here to help you make informed decisions about your refinancing options.
​
This is not a commitment to lend. By clicking 'Submit,' you agree that Stockton Mortgage and its employees may call or text you, including through automated means, at the number provided. You understand that you are not required to consent as a condition of qualifying for a loan.