Depending on your financial situation, there are a number of reasons why refinancing your home could be very beneficial.

• You can refinance your mortgage at a lower rate than the original loan.

• You can consolidate your debt, rolling your high-interest payments to credit card companies into one lower monthly payment.

• You can combine two existing mortgages into one new mortgage, and possibly get a lower interest rate.

• You can reduce the term of your loan and build up equity in the home more quickly.


> for Self-Employed

Many people seem to think the premium time for refinancing has passed.
This just isn’t so. Interest rates are still at their lowest in years.

Refinancing your mortgage at a lower rate than your original loan has the potential to save you hundreds of dollars every month and thousands of dollars over the life of your loan.

It’s a very popular option for homeowners who want to lower their monthly payments, reduce their mortgage term, or get cash for home improvements, debt consolidation, or a major expense like a college education.

Naturally, you need to evaluate whether the costs for refinancing make sense for your particular situation. At Mortgage Rate Chicago, we help you understand your options.

First, we will listen to your needs. We talk you through important points, such as how long you plan to stay in your home, and how much it's going to cost you to refinance.
Then, we will take you through our easy application process. We customize a financial plan to fit your goals. You'll find our Mortgage Rate Chicago representatives professional, knowledgeable and friendly.

Call TOLL FREE: 800-827-3077 to speak with a Mortgage Rate Chicago loan officer or fill out our no-obligation Request Form. There is no obligation and you may be glad you did.