Home Mortgage

Refinancing your mortgage may offer many benefits. Keep in mind that when you refinance, you are replacing your existing mortgage with a new one – with new terms, conditions and closing costs. Having a clear understanding of the refinancing process can help you evaluate whether or not it may be a good solution for you.

• When to Refinance – If mortgage rates are falling or your home has dramatically appreciated in market value, it may be a good time to consider refinancing your mortgage.
• Determine your needs – Refinancing can provide you with cash that can be used to reduce costly debt, such as credit card balances and automobile loans, with a tax-deductible, lower-interest rate loan. Learn also about cash-out refinancing.
• Organize Personal Info – Get to know your credit history, gather together your personal financial information and learn more about the different types of mortgages available.

• Whom do I talk to – Call Nizari at (281) 921 – 8500 and talk to our loan officer during the early stages of the refinancing process. Your Nizari PFCU loan officer will help you explore your options and determine whether or not refinancing is right for you.
• Road to successful Closing – You’ll need to make a number of important decisions between applying for the mortgage and closing the new loan. Nizari can help you prepare.