Lower Interest Rate, Lower Payments

When you purchased your dream home, the financial environment dictated interest rates. While certain factors, like your credit rating and the amount of the down payment that you were able to afford, influenced your interest rate, the single most important factor was the prevailing rates at that moment. However, interest rates fluctuate. When the Federal Reserve enters a rate-cutting period, the prevailing rates may become significantly lower than when you originally purchased your home.

By refinancing your mortgage when interest rates are lower, you can exchange a higher interest rate for a lower one, which, in turn, will lower your monthly payment.

Applying for a refinance with the Carolina Mortgage Team is a simple process. Just use the button below to enter in your information on our secure network application. Once you have entered in the information, a Licensed Loan Officer will carefully examine all of it and contact you with your options.