How Refinancing Pays for the Holidays

Published on November 7th, 2016

Refinancing your mortgage can be a great financial move for many reasons.  With the holidays quickly approaching, refinancing can be very beneficial for you.  Get a free online rate quote with our multi-step calculator to see how much you can be saving.

The holiday season is a great time for festive decorating, giving gifts and revisiting your mortgage.  This season, give yourself the gift of savings.  Based on your closing date, you could potentially skip 1-2 months of mortgage payments, giving you extra cash to use for other holiday necessities.

Ring in the New Year with an improving and evolved financial portfolio.  Gear your New Year’s resolution toward saving money and being financially responsible.  Refinancing can potentially decrease your monthly payments or shorten your mortgage term so you can pay it off sooner, giving you the opportunity to save more every month.

 Worried about closing costs or other fees? Consider asking for money as a holiday gift instead of a new sweater or tie to help cover any associated costs.  Money is a gift that could be put to good use.

Plus, a cash-out refinance can get you the funds to cover your other expenses.  If gifts and traveling aren’t on the top of your list, you can use that money to pay off your credit cards and other debts so you begin the New Year stress free. 

It’s time to see if refinancing is the right option for you.  Contact one of our mortgage advisors today at 1-844-77-vLoan or get a free online rate quote using out multi-step calculator!

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