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Reasons for a Home Refinance Everyone has their own reason for refinancing, but usually to save money or take cash out. Reduce the Monthly Payment Instead of looking at the difference in the refinance rate, compare the savings between your Read More
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To refinance is to pay off an existing mortgage with funds obtained from a new mortgage loan. There are numerous great reasons to refinance your mortgage, among them the following: Lower Interest Rates: A prime time for many people to choose Read More
Would you like money available in case of emergencies? Need to send your kid to college? Thinking of improving your home? A Home Equity Line of Credit (HELOC) from Somerset Investors Corp. may be just what you’re looking for. A HELOC works a lot Read More
What is Home Equity? Your home equity is the appraised value remaining in your home after you subtract the remaining balance you owe on your existing home mortgage (s). It can be thought of as the part of the home Read More
