With access to over 30+ lenders we get the best rate options for youBeing smart with your money just makes sense. Our Jencor trusted Mortgage Advisors will help you decide whether it is the right time for you to refinance. The decision to refinance your property should be carefully evaluated to avoid any complications at a later stage. By carefully studying the status of your current mortgage and comparing it to your income and other debts, we help you pick the refinance solution that best suits your current financial needs.

There are many reasons why you might be thinking of refinancing your mortgage.

  • Help obtain a lower fixed rate
    The interest on a fixed rate mortgage that you took several years ago may have dropped drastically. Refinancing the existing mortgage will entitle you to a reduced interest rate.  This can save you money and increase your monthly cash flow.
  • Investments
    You can refinance your existing mortgage and use these funds to purchase an investment.  This can be an excellent vehicle for your mortgage interest to be tax deductible in certain circumstances.
  • Convert an Adjustable Rate Mortgage into a Fixed Rate Mortgage
    The interest rates on an adjustable rate mortgage (ARM) might be low initially, but the fluctuations are unpredictable. Some people find these constant variations in the interest rate concerning and prefer to refinance the mortgage into a secure fixed rate.
  • Consolidating multiple mortgages into one
    Making your finances simple and easy to budget is important for most individuals. The best solution in this case is to consolidate multiple mortgages into one, with a fixed monthly interest rate and a longer repayment duration.
  • Pay off other debts
    The proceeds from your refinanced mortgage can be used to pay off credit card bills and other similar expenses. This potentially can end up saving a considerable amount of money and free up your cash flow.
  • Make cash provisions for emergency situations
    You can refinance your existing mortgage to free a larger amount of cash, depending on your home equity. Since a mortgage is a secured loan, the interest applied is considerably lower than that of an unsecured loan.

Our Jencor Edge offers some of the lowest and most competitive mortgage refinance rates in the market. Regardless of your requirements, whether it is to consolidate existing mortgages or obtain a better rate, we get you the best deal possible. Our experienced Mortgage Advisors, who have extensive knowledge of the mortgage industry, will provide the necessary guidance that you need in making the right refinance decision.

Did you know that on average Jencor can help you save $3,500 on your mortgage vs. the banks! Ask us how.

Try our mortgage calculators?

At Jencor Mortgage we believe in giving you all the information you need to make the best mortgage choices available. We have all the calculators you’ll need to get acquainted with what to expect from your new home purchase.

  • Refinance Your Home
    How much interest can you save if you refinance your mortgage? This calculator helps you find out! Enter the specifics about your current mortgage, along with new loan amortization, rate and closing costs. We will then determine how much interest refinancing can save you.
  • Cost of Debt Calculator
    Cost Of Debt Calculator
    Use this calculator to help determine just how expensive your debt has become. Find out how much you owe, how much interest you are scheduled to pay and how long it will take to pay it all off.
  • Mortgage Renewal Calculator
    Mortgage Loan Calculator
    Use this calculator to generate an amortization schedule for your current mortgage. Quickly see how much interest you will pay, and your principal balances. You can even determine the impact of any principal prepayments!
  • Pay Off Your Mortgage
    Paying Off Your Mortgage
    How much interest can you save by increasing your mortgage payment? This financial calculator helps you find out. View the report to see a complete amortization payment schedule, and how much you can save on your mortgage!
  • Home Budget Calculator
    Your Home Budget
    Managing your monthly budget can be difficult and frustrating. One of the most important aspects of controlling your budget is to determine where your money is going. This calculator helps you do just that.