Should I refinance my current loan?

Hilco Mortgage is ready to help you answer this question. Whether you need to reduce your house payment or "cash-out" against your investement, Hilco can get your results. You should consider refinancing if one of these situations applies to you:

Have interest rates dropped considerably?

For some borrowers as little as ½ an interest point can make an appreciable difference in their monthly payment. Many of the lenders we work with offer low-cost and even no-cost refinances for conventional, government, and sub-prime loans.

Have you been working on your credit?

Do you have a "B" paper, or "not-so-good-credit" loan currently? If you've improved your credit, it's possible you can be refinanced to a more conventional loan product with a lower interest rate. Hilco Mortgage can help evaluate your current mortgage and credit status to find you the best opportunities.

Would you like to consolidate your debt?

Borrowers sometimes take advantage of a refinance to pay-off credit card balances, installment loans, or other debts. With a new low interest rate mortgage you may be able to use your equity to help increase monthly cash flow or for tax purposes.

Are you planning on remodeling your home?

The money you need for new carpet, kitchen cabinets, or even an addition can be found under your own roof. If there is a difference between what your house is worth and what you owe, you might be able to draw it out for that dream kitchen you have planned!