Refinance & Renovation Loans

A refinance loan allows you to replace your existing loan with a new one that typically offers better terms, such as lower interest rates or reduced monthly payments.

You should consider refinancing when interest rates drop, your financial situation changes, or you want to consolidate debts or free up capital.

We assist with securing renovation loans that fit your budget and ensure that the loan is structured to meet your long-term financial goals.

Refinancing can lower your monthly payments, reduce interest rates, and give you access to additional funds for other financial needs.

Qualification depends on factors like your credit score, existing equity, and financial stability. Factor1 helps you evaluate your eligibility and prepare the necessary documents.

Refinancing replaces your existing loan, while a home equity loan allows you to borrow against the equity you’ve built in your home.

When done strategically, refinancing can free up cash flow and reduce debt, improving your financial stability. We ensure the decision aligns with your overall financial goals.