Refinancing



Refinancing is often used to lower your interest rate. If rates have dropped since you last financed your home, you may want to consider refinancing. Other common reasons to refinance include paying off a balloon payment, converting an adjustable rate loan to a fixed rate loan or to extract cash equity in your home (cash out). A few reasons for cashing out include: home improvement, an education fund, and consolidating debt.

 

Another way to convert equity in your home to cash is a "home equity" loan. A "home equity" loan is an alternative to refinancing if your home loan has a very low rate compared to current interest rates or if you have a prepayment penalty on your loan.
 

Benefits:

 
  • Reduce Your Interest Rate
  • Cash Out Equity for Home Improvements
  • Consolidate Debt
  • Lower Monthly Payments
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To Refinance You'll Need:

 

 
 

K Quote

Fill out our simple K Quote online application and get a quote immediately. There is no credit check and no social security number required.

Need More Information?

Call Us: 800-813-kloans

Email Us: lflores@kloans.com

 

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