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Brad Silvius
Senior Loan Officer - NMLS # 140088
Cell: (734) 417-3650
Fax: (734) 282-1293
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Mortgage Calculators
Why Refinance?

Mortgage refinancing is the process of paying off an existing mortgage with a new loan.

Some people refinance their home to take advantage of a lower interest rate, which lowers the monthly payment. Others refinance their home in order to cash out some of the equity in their home. Refinancing might also make sense if you want to change the type of loan; for example, if you have an adjustable-rate mortgage (ARM) and interest rates rise, you may want to refinance with a fixed-rate loan.

Here are some reasons to refinance:

  1. To lower your monthly mortgage payment
  2. To reduce your mortgage term and pay off your loan faster
  3. To consolidate high interest rate debt into a low interest rate mortgage
  4. To pull cash out of your home for any purpose
  5. To refinance a second home or investment property


I can tell you more about the various refinance options available to you. 


Contact me today!


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