The new year brings many promises for changes and improvements. As such, the beginning of a new year is a great time to improve your financial situation. In fact, one of the most common New Year’s resolutions is to save more money. While there are many ways to go about this — one of them that is often overlooked is a refinance of your home loan.
Refinance rates are still at an all-time low in most cases…and you can use the money saved during your refinance to increase your 401(k) contributions, set up automatic transfers to a high-yield savings account, or pay down your credit card debt.
Maybe your resolution was to travel more…or to finish some home projects. A cash-out refinance can give you the funds you need to make these things happen. Take a look at our refinance calculator at https://www.altmo.com/refinance-calculator/ to get an idea of what a refinance would look like for you and your family.
Have questions? Feel free to reach out to Scott Bennett at 503-703-4699 or scott@altmo.com to talk about your current situation.