Are you happy with your current mortgage rate and terms? There
are many reasons why the mortgage agreement that once served you well might no
longer meet your needs, and in these cases, home refinancing may be a good
option to better suit your current financial situation. If you're interested in
exploring refinancing, meet with a financial advisor from ASI Federal Credit
Union to discuss your needs and learn more about the options available to you.
Reasons to Refinance
Most ASI members decide to pursue home refinancing for one
of two reasons. First, they may want to utilize the equity in their home to
fund a project. It's very common for updates and repairs of all kinds to be
required over time, from an additional bathroom to a new roof or siding. In
these cases, refinancing can be a smart way to make use of the equity you've
already created in your home.
In other cases, homeowners are interested in achieving a
better interest rate or terms. As time goes on, many individuals are able to
improve their credit rating and qualify for a lower rate. They may also realize
they're able to pay more each month, shortening the duration of time they'll
need to repay their loan, or that they wish to extend the terms to suit their
preferences. In any of these situations, refinancing can be a good way to consolidate
debt and save money.
Help with Home
Refinancing
Refinancing your home can be just as complex as taking out
the original loan was. It helps to have an experienced, trustworthy financial
team on your side that can guide you through the process. When you come in,
we’ll take a look at your financial situation and introduce you to all the
possible options. We may also be able to offer solutions in addition to
refinancing based on your needs and finances. No matter what you choose, we're
dedicated to empowering every ASI member to make the best, most informed
financial decisions, so that they can walk out of the office feeling confident.
Start the Home
Refinancing Process Today
If you’re wondering if home refinancing is right for you, or
if you’re ready to get the process started, contact ASI Federal Credit Union
today. Call or stop by one of our 11 locations, including our Westwego and
Mid-City branches, where you'll find financial advocates who can address a wide
range of banking needs in one easy visit to make financial management as simple
as possible.
