There are countless reasons why people choose to refinance their home mortgage loans. The most common ones among them are:

• Lower monthly installments.
• Get a better interest rate.
• Move from a variable interest mortgage loan to a fixed interest mortgage loan.
• Cancel out certain types of insurance.
• Get the home equity money to:
  • Make home improvements.
  • Consolidate debts.
  • Pay for children’s college education.

In short, there are many possible reasons to refinance a house; and some of them may be beneficial to you now.

For information and/or to open your mortgage loan today, call or come by any of our branches throughout the Island; or call our Customer Service Department at 1-800-981-5554