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Refinancing can help you get a handle on debt

If you have a mortgage, then you've probably heard about refinancing. Refinancing your loan helps you reduce your interest and the amount of money you'll pay back over the life of your loan. Essentially, when you apply for refinancing, you're swapping one loan for another. That means that you get a new loan with a better interest rate and better terms, and the old loan gets paid off.

When you refinance your home or business, you want to negotiate as much as possible. Sometimes, it's possible to get a lower interest rate by negotiating, or you can get the final payoff cost lowered. The term of the loan can be negotiated, closing costs can be discussed and negotiated, and you can even request a specific interest rate that you want, especially if you have multiple loan options as leverage.

When you negotiate with loan providers, it's important to know how the law applies. You don't want to find out that the terms of your loan lock you into an unfair interest rate later in the life of the loan or that you have extortionate closing costs when you try to pay off the loan in full.

Both lenders and borrowers need to obey the laws of the state when they work out a loan agreement, and in South Carolina, it's required that both parties work with an attorney to help protect each party's interests. Our website has more information on refinancing your loan and how it can help you get ahead and get out of debt from a mortgage.

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North Charleston, SC 29406
Phone: 843-553-9800
Toll Free: 800-553-7449
Fax: 843-553-9804
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1100 Queensborough Blvd, Suite 102
Mt. Pleasant, SC 29464
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Fax: 843-216-0930
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3040 Highway 17-A North, Suite B
Mt. Pleasant, SC 29466
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873 Orleans Road, Suite 102 1/2
Charleston, SC 29407
Phone: 843-571-2996
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Fax: 843-571-2998
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106 West 7th North St
Summerville, SC 29483
Phone: 843-875-7111
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Fax: 843-875-7721
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567 Crowfield Blvd.
Goose Creek, SC 29445
Phone: 843-553-9100
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Fax 843-553-9183
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