Wanting to pay less in interest on your mortgage and lower your monthly payments?

A mortgage refinance is the replacement of an existing mortgage with another mortgage under different terms.
Mortgage refinance is a financial process in which a homeowner replaces their existing mortgage with a new one, usually to obtain more favorable terms, interest rates, or to access equity in their property. Refinancing allows homeowners to adjust their mortgage to better suit their current financial situation or take advantage of changes in the housing market.
Reasons to consider a mortgage refinance:
Lowering Interest Rates
One of the most common reasons for refinancing is to secure a lower interest rate, which can lead to reduced monthly mortgage payments and overall savings over the life of the loan.
Changing Loan Term
omeowners may opt to refinance to switch from a longer-term mortgage to a shorter one, thereby paying off their loan faster and saving on interest costs.
Cash-Out Refinancing
This involves borrowing additional funds beyond the remaining mortgage balance, using the home's equity. Homeowners can use the cash for home improvements, debt consolidation, or other financial needs.
Switching loan types: Some homeowners may choose to refinance from an adjustable-rate mortgage (ARM) to a fixed-rate mortgage to gain stability in their monthly payments.
Removing Private Mortgage Insurance (PMI)
If the homeowner's equity has increased significantly, refinancing can eliminate the need for PMI, which is usually required for loans with less than 20% down payment.
Debt Consolodation
Refinancing can be a way to consolidate high-interest debts into the mortgage, potentially lowering overall interest payments and simplifying debt management.
It's important to note that mortgage refinance is not without costs. Homeowners need to consider closing costs, origination fees, and other expenses associated with the new loan. It is essential to assess whether the potential savings and benefits from refinancing outweigh these costs and align with the homeowner's long-term financial goals.

We offer information on a variety of mortgage refinancing rates and options. When you are ready to take the next step, contact Aquino Capital Group empowered by NEXA Mortgage LLC. We can advise you on which mortgage refinancing program meets your needs.

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Aquino Capital Group
The Aquino Capital Group empowered by NEXA Mortgage LLC founded by brothers Nick and Michael Aquino, has a goal and mission to provide a level of service that is second to none.
Company NMLS: 1877202
Equal Housing Lender
Contact Us
9805 W. Post Rd
Suite 220
Las Vegas, NV 89148
(800) 846-0729
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Aquino Capital Group LLC empowered by NEXA Mortgage LLC, NMLS # 1660690
Corporate Address 3100 Ray Rd Suite 201 Office # 209| Chandler, Arizona 85226
Company NMLS 1660690| Branch NMLS 1877202| Company State License # AZMB-0944059, Branch 8905 W. Post Rd, Suite 220 Las Vegas, Nevada 89148

The content provided within this website is presented for information purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval. Other restrictions may apply. Mortgage loans may be arranged through third party providers.