Mortgage refinance is the process of taking out a new loan or second mortgage to replace an existing loan(s). When you refinance your mortgage, you're actually replacing it with a brand new mortgage loan. The most common reason for refinancing an existing first or second mortgage is to acquire a lower interest rate on the mortgage principal balance. The risk involved in refinancing an existing mortgage is nearly non-existent. If you you can save money by refinancing, now is a great time to act. What we do, is provide free multiple, no obligation refinance quotes from lenders competing for your business. Simply fill out a quick form, we'll search our national database of lenders to find you the markets best refinance rates and terms. Our lenders are in top form to compete for your business.

Mortgage Refinance Calculator - Use this mortgage refinance calculator to sort through the confusion, and determine if refinancing your mortgage is a sound financial decision.

Refinancing can:

• Reduce your monthly mortgage payments, and put more money in your pocket each month.
• Lock in a lower fixed interest rate.
• Accelerate the repayment of the your debt.
• Consolidate your 1st and 2nd mortgage into one low payment.
• Remove tax liens.
• Payoff a huge balloon payment that might be done in the near future.
• Get cash out.

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