Refinancing Your Mortgage? Don’t Miss These 4 Strategies
10:41
YouTubeWork Hard: Home & Community Network
Refinancing Your Mortgage? Don’t Miss These 4 Strategies
💡 What would you do if you suddenly had an extra $200 in your monthly budget? That’s what refinancing can feel like — giving yourself a raise. But refinancing isn’t one-size-fits-all. In this video, Ryan Harding (20+ year mortgage broker) walks through the Four Ls of Refinancing — four distinct strategies to match your financial ...
3K views6 months ago
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🪂 Tips for Mortgage Borrowers: Understanding Recast vs. Refinance Knowing the difference between recasting and refinancing is crucial for managing your mortgage: ▪︎ Recast: Make a lump sum payment towards the principal to lower monthly payments. You keep the original loan with no credit check, and usually for a small fee.🎏💡 ▪︎ Refinance: Replace your existing mortgage with a new loan that may change the interest rate or allow cash withdrawals. This can save more overtime but involves closing
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