Who doesn’t want to save a little anywhere they can? I know I do. I want to share a few ways that you can save on your mortgage. With rates expected to climb a little this year, it’s becoming top of mind with many clients.
Here’s the bottom line: just because you have a loan structured when you first purchase doesn’t mean that it’s set in stone for the life of the loan. There are ways to restructure your loan to pay it off earlier than initially planned, save money on your monthly payment, or to free up funds. Here’s a snapshot of a few options for each scenario.