Start with the reason for changing the loan.
A refinance should be evaluated against the current mortgage, closing costs, expected holding period, cash-flow objective, equity position, and the reason for changing the loan.
What matters
Start with the connected picture.
A refinance should be evaluated against the existing mortgage and a defined objective, not treated as an automatic benefit.
Begin with the purpose
A refinance should be evaluated against the current mortgage, closing costs, expected holding period, cash-flow objective, equity position, and the reason for changing the loan.
Compare available structures
Options evaluated against the current mortgage, property, and goal.
Keep the complete file in view
Income, assets, debt, reserves, credit, occupancy, property type, documentation, vesting, and loan purpose can all shape the available path.
Know your choices
Programs you should know about.
Prepare these items
Organize what you already know.
Organize the current loan, property, and borrower picture before comparing a new structure.
Current mortgage and property details
The reason for considering a refinance
Expected holding period and timing
Income, asset, debt, and reserve information
Occupancy, ownership, and intended loan purpose
Depending on the existing mortgage, goals, and eligibility, a refinance may or may not provide an appropriate path.
Your next step
Make the comparison purpose-led.
Use the tools to organize the current and proposed loan picture, or talk with Ardi about the refinance questions worth reviewing.