REFINANCING MYTHS AND FACTS
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MYTH - It can take at least three months to refinance
FACT - Triangle Lending can qualify you in as little as 24 hours, and unlike other mortgage companies we can often fund your loan in two to three weeks.
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MYTH - Refinancing requires me to complete lots of paperwork.
FACT - A Triangle Lending Mortgage Specialist walks you through the entire process, explains what information you need to provide and even fills out the paperwork for you.
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MYTH - You should only refinance when interest rates are at their lowest.
FACT - Even when rates are not at record lows, refinancing is still a smart choice. Paying off high-interest credit card debts and lowering your monthly payments always makes good financial sense.
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MYTH - Refinancing always extends the term of the loan.
FACT: Refinancing does not have to lengthen the term of the loan. Triangle Lending offers many terms less than 30 years. Some are as few as 10 years.
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