Free Seminar: Mortgage Refinance Tips
Thinking about refinancing any of your long-term debt like your mortgage? You might want to do it sooner rather than later. Mortgage rates are still historically low but they may not stay that way for long. Refinancing your mortgage is a process but when you are informed you will know when, why and how you can benefit from refinancing.
Getting a mortgage loan doesn’t mean you’re trapped in that rate or term. Refinancing might be an effective way to change your monthly payment especially if today’s rates are lower than your current mortgage rate. “Interest isn’t the only factor to consider, but you’re most likely to benefit if you can lower at least 1 percentage point off your current rate,” said Harry Stewart, NuMark Credit Union Vice President of Mortgage Lending.
When thinking about refinancing, you should consider things like credit score, other debit, refinance programs and how long you plan on living in your house. They all play an important role in the mortgage refinance. You can learn how at NuMark Credit Union’s free seminar titled: “Mortgage Refinance Tips.” It will take place from 6:00pm to 8:00pm on the following dates and NuMark Credit Union locations:
- Tuesday, October 3rd in Tinley Park – 8001 W. 159th Street
- Thursday, October 5th in Countryside – 9809 W 55th Street
- Tuesday, October 24th in New Lenox – 951 E Lincoln Highway
- Thursday, October 26th in Crest Hill – 2380 Caton Farm Road
At the seminar participants will learn how to maximize the benefits of refinancing, see what programs are available and find out when is the best time to refinance. “If you’re considering refinancing your mortgage, you need to do it for the right reason – saving money,” said Stewart.
Participants do not need to be a NuMark Credit Union member to take advantage of this FREE Seminar. Seating is limited, so interested participants should register in advance. Call NuMark Credit Union at 815-729-3211 or register online.