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We offer the assistance you need to help in all of your mortgage endeavors. Whether you are consolidating your debt, refinancing your home, or buying your first house, we have the expertise to make it a fast, easy, and enjoyable process.

Our website offers a variety of online application options, and our experienced professionals offer superior quality support throughout the entire experience. Contact us today and let us go to work for you!
 

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Ask Kris Kemp

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EXAMPLE QUESTION
Q: Kris, My Husband and I are trying to decide if we should refinance our home. When would it make sense to refinance?
-Sarah

A: Sarah, great question! Usually people refinance to save money, either by obtaining a lower interest rate or by reducing the term of the loan. Refinancing is also a way to convert an adjustable loan to a fixed loan or to consolidate debts. The decision to refinance can be difficult, since there are several reasons to refinance. However, if you are looking to save money, try this calculation: Calculate the total cost of the refinance Calculate the monthly savings Divide the total cost of the refinance (#1) by the monthly savings (#2). This is the "break even" time. If you own the house longer than this, you will save money by refinancing. Since refinancing is a complex topic, consult a mortgage professional.
I hope this was helpful!
-Kris

Elite Home Mortgage | 9121 South Monroe St. Suite A | Sandy, Utah 84070 | Phone: 801-748-0040 | Fax: 801-748-0041

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