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Blend Monthly Payment
While you’re paying down your mortgage, you may find yourself in a situation where you are considering accessing equity or looking for a lower mortgage rate; to do either, you will need to Metro Mortgage expertise.
We bring deep, functional expertise, but are known for our holistic perspective: we capture value across boundaries and between the silos of any organization.
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How It Works
You could break your mortgage, if you wanted to access a lump sum of equity and/or obtain a lower rate in a new mortgage.
If current market rates are better or the same as what you have, and you wanted to access the equity in your home on an as-needed basis, you could take out a home equity line of credit (HELOC) instead.
Finally, there is one other way you can refinance to access your equity and/or get a lower mortgage rate, without having to pay the prepayment penalty: it’s called a blended mortgage and it’s an underutilized tool in mortgage financing.
Our expert team help you out to don't pay any penalty. To avoid that fee, you could instead blend together your existing mortgage rate with the new mortgage rate
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