As you know mortgage rates change daily. You may consider the savings in interest by refinancing your mortgage. Pilgrim Colonial works with several lenders in this process. When you apply for refinancing, an appraisal is ordered. Pilgrim Colonial will contact you to set up a time to inspect your property. Note, all federal bank transactions must initiate the appraiser. This cannot be ordered directly through Pilgrim Colonial.
We measure your home and note the condition and quality of the property. A thorough data analysis of the market is also done to formulate an opinion of market value for the property. The savings can be worth considering refinancing. There are several refinancing calculators to determine the savings. Speak with a financial adviser to see if refinancing is right for you.