Refinance in California
Let us help you refinance in California. We can match you up with multiple mortgage brokers and mortgage lenders who can provide you with refinancing options. New in the state of CA is a 50 year mortgage that may be of interest to you. Your mortgage company will have more info about it.
The Southern California home values have gone up quite a bit, especially in San Diego County, Los Angeles County and Orange County. Some homes have jumped up by over 100% within the last 10 years. You may have quite a bit of equity in your home that you don't know about.
Refinancing is a good idea if you plan to stay in your home for at least another 3-5 years. If you already have a low interest rate, don't let the mortgage broker tell you it is a good idea to refinance. There have been reported horror stories of shady mortgage brokers who prey on uninformed consumers by having them to refinance a few times a year and end up oweing more money than the home is worth. The mortgage broker made his money each time the consumer refinances.