Mortgages can be complicated, but with a little explanation, even the most difficult financial concepts can be made easy. We receive countless questions about mortgage loans, so we put together a few tips to help our customers better understand the process before applying for a loan.
Here at Republic Bank, we always receive a number of questions around two things: mortgages and loans. As two complex subjects, it's important to be educated on the details and do research prior to making a decision. Republic Bank tries to make these decisions a little easier by providing extra information. We are, after all, your neighborhood bank.
We all know there is no such thing as free money. But refinancing your mortgage to get a lower interest rate is just about as close as you can get.