Refinancing Your Home

債務・破産

If your interest rate is higher than the current market interest rates, then you may benefit from refinancing your mortgage. Whether refinancing is a good option for you depends on the market, your mortgage, and your circumstances. You will need to have at least 20 percent equity in your home if you wish to avoid paying private mortgage insurance. Talk to your lawyer to work out the pros and cons.

Disclaimer

This article does not constitute legal advice but presents only a general overview of common legal principles. Those principles may vary by jurisdiction. You should consult legal counsel with regard to your specific situation. No attorney-client relationship is formed by the publishing of this article.

債務・破産
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