REFINANCING

Refinancing is often used to lower your interest rate for monthly and/or long-term savings. If rates have dropped since you last financed your home, a simple phone call to Community Mortgage Advisors in East Nashville (615-242-2424) could save you a ton of money. By reducing your loan term (from a 30YR to a 15YR, for example) AND lowering your interest rate will save you even more! Call today for a FREE Mortgage Analysis and for a FREE copy of your credit report.
 

Other common reasons to refinance include paying off higher-interest consumer debt by pulling equity out of your home (cash-out refi). Cash-out refinancing may also be used for important thinks like home improvement, building a college fund for your children, or converting an adjustable rate mortgage (ARM) to a fixed rate loan.