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Ready to pay less in interest on your mortgage and lower your monthly payments? Refinancing with New Way Mortgage may be the right fit for you.

A mortgage refinance is the replacement of an existing mortgage with another mortgage under different terms. Refinancing can help you lower your monthly payments by lowering your interest rate, reduce your loan term, assist in consolidating debt and support other financial goals which can all add up to significant long term savings.

Knowing the current refinance mortgage rates is important. New Way Mortgage can keep you informed and help decide when refinancing makes sense for your specific situation.

Reasons to consider a mortgage refinance:

  • Reduce your monthly mortgage payment: Mortgage rates are still very low. Refinancing with New Way Mortgage may help you lower payment and possibly save you money.
  • Consolidate high-interest debt:  Paying off higher-interest debts by refinancing to a lower rate could save you money. Even with less-than-perfect credit, we can help you lower your monthly payment and pay off your higher-interest debt. By consolidating your payments into one low monthly payment, you can pay less each month, lower your debt, and improve your credit score.
  • Pay Off Your Mortgage Faster: The shorter the term on your mortgage, the lower your mortgage rate. Did you know that you may be able to take advantage of today’s competitive rates by shortening the term of your loan (which means paying less interest) without a significant change in your monthly payment?

When to Refinance Your Mortgage?

We offer information on a variety of mortgage refinancing rates and options. When you are ready to take the next step, contact New Way Mortgage. We can advise you on which mortgage refinancing program meets your needs. Ready to get started? Click here to visit our online application portal or email us at hello@newwaymortgage.com.

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