MortgageĀ Refinancing

MortgageĀ Refinancing

When interest rates drop at least 1.00% below your existing loan rate, it may be in your best interest to refinance your home loan.

The Mortgage team at FNB of Central Alabama can help you determine if refinancing will:

  • Reduce your interest rate and lower your monthly payment
  • Reduce your mortgage term and allow you to pay off your loan sooner, saving you interest charges over the life of the loan