As you may be aware home values have skyrocketed here on the Treasure Coast. This means if you have owned a home for more than two years the value of your home more than likely increased in some cases dramatically.

Some benefits of refinancing:

• Cash out
• Lower interest rate
• Eliminate PMI insurance
• Switch to a 15 yr fixed rate in order to save THOUSANDS in interest.

The only disadvantage to refinancing is you may have to pay closing costs again. For some a Home Equity Line of Credit may be more attractive, the disadvantage of  a “HELOC” is the interest rates are not as low as a refinance.

Please call the professionals at Gold Star Mortgage & Finance INC. to discuss your individual situation and let us help you make the right decision.

Call 772-299-6540 today or contact us via our web form.