When you turn to us for assistance with a mortgage refinance in Asheville, NC, you can rest assured knowing you are working with the best.
Refinancing a mortgage is the process of obtaining a new mortgage in order to lower your interest rate, use the equity in your home for a larger purchase, or to change your mortgage company. At Leonard & Moore, PLLC, we can help you with your mortgage refinance process by negotiating with your lender, ensuring that you understand your legal rights, and also helping you with the required paperwork so that there are no delays or errors. We are located in Asheville, North Carolina and have been in operation since 1979. Additionally, our legal team has over 50 years of experience. When you turn to us for assistance with a mortgage refinance, you can rest assured knowing that you are working with the best. We recommend refinancing your mortgage if:
- You desire to obtain a lower interest rate
- You want to convert your adjustable rate mortgage into one with a fixed rate
- You want to consolidate your debt
- You want to combine two mortgages into one
- You recently got divorced or experienced another major life change
At Leonard & Moore, PLLC, we can help you decide whether or not a mortgage refinance is the right choice for your personal situation. While the end goal of a lower interest rate is always nice, it is important for you to consider several other factors. For example, when you refinance your mortgage, you are essentially obtaining a new mortgage. Because of this, you will be expected to pay closing costs. It is best to think about how many months of your new lowered mortgage payments it will take to recoup the cost of closing before making this final decision.
Although your first instinct may be to contact a financial advisor when you want to do a mortgage refinance, it is also a good idea to consult with one of our legal professionals throughout the process. Just like you needed a lawyer when you closed on your current mortgage, you will also need legal assistance when you close on your refinanced one. Let us at Leonard & Moore, PLLC ensure that your legal rights are protected and that there are no surprises in the loan document. For more information about how we can assist you with your mortgage refinance, contact us today.