Refinancing
Whether your home is for the entire herd or just a lone bison, a refinance through Bison Ventures has numerous benefits.
In the most simplistic terms, refinancing your mortgage means you are trading in your old mortgage for a new mortgage. When you refinance your mortgage, you pay off your old mortgage with the new one, thus the reason for the term refinancing.
Most borrowers choose to refinance so they can lower their interest and/or shorten their payment term, or take advantage of turning some of the equity they have earned into cash.
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