IndianaLoanQuote.com
About IndianaLoanQuote.com
Refinancing a mortgage is when a homeowner takes out a new mortgage to pay off an existing mortgage. Homeowners refinance their mortgages for a variety of reasons; to secure more favorable terms like a lower or fixed rate, or to cash out equity for improving their property, consolidating debt, or paying for big ticket items like a college education or medical procedure. Homeowners should consider refinancing if their financial situation or credit profile is changing.
