Mortgage Refinancing

Posted by David
March 2, 2007
Mortgage Refinancing with all the facts

What exactly does it mean to refinance your mortgage? When you refinance you are either :-

Replacing your current mortgage balance with a new mortgage at a more competitive rate with the prime aim being to reduce your monthly mortgage payment.
OR
Replacing your current mortgage balance with a LARGER new mortgage with the prime aim being to capital raise which may be for any number of purposes.

The main considerations with both options are the financial implications and full costings expressed in a readily understood format. Mortgages are regulated by the Financial Services Authority and any authorised firm must provide you with a Key Facts Illustration explicitly for that purpose.
This will then allow you to make an informed choice about how to proceed.

Provide us with the opportunity to assist in placing your Mortgage Refinancing enquiry – APPLY NOW – CLICK HERE
View selection of similar products – Flagstone Finance Ltd
Make phone application 01923 840995 ( 8.0am – 9.0pm 7 days )

Author Biography
Nigel Uglow is Lending Director for Flagstone Finance Ltd
Directly Authorised by the Financial Services Authority
With over 30 years experience in the Mortgage & Finance Industry
Home Mortgage Loans

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