Is it time to refinance your home mortgage loan? Well the answer depends on many things, including how much you are paying now, for how many years, how much is left to pay, what is your credit score, and other factors you may or may not know about. That’s why talking to an FCN Loan Officer is such a good idea. They can help you decide if refinancing is right for you.
It is true, rates are at historic lows, and so refinancing will be a good option for many people. The opportunity to lock in at a low rate is something that all home owners should look into. Your loan officer can also help you make sure you are asking the right questions about your situation. There are many ways to structure a loan, and what appears to be a great rate sometimes may not end up being that great once all fees and hidden costs are added in.
We at FCN would also like you to consider the advantages that a local bank offers to you, especially in the current economic environment.
FCN Bank still approves loans locally, by people, not a computer program. This is important because you can talk to us face to face. Many other banks merely ship your loan application to a central location, often hundreds of miles away, and then a computer program determines whether or not you are approved. THAT IS NOT A GOOD WAY TO BANK.
FCN also services your loan. Which means you mail payments to us, not someplace far away. It means you can call us, or come and see us, in our local office, when there is a problem, not call a central phone service where they make you dial 1 for this and 2 for that.
FCN Bank has been in business since 1901, providing common sense banking for over a century.