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If you have an existing home equity loan and need to fund a new project, take advantage of lower interest rates, or even change payment terms, you can create flexibility through home equity refinancing. You might even consider refinancing into a home equity line of credit.
What can refinancing your home equity do for you?
Many factors change in the years after you take out your original home equity loan, and many of them are a good cause to consider home equity refinancing. Refinancing your home equity loan could help you:
Once you have determined you could benefit from home equity refinancing, there are preliminary steps you can take to make sure you are getting the most from your new loan:
We are committed to helping you reach your potential by providing personalized solutions. Our dedicated colleagues can help you find the right product to help you reach your goals. To learn more about home equity, please call 1-888-333-1206, visit us online, or Ask a Citizen at your nearest Citizens Bank branch.
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