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A mortgage recast is a way to possibly lower your monthly payments without getting a new loan. It can be an easy cash flow fix, and you can often save money .
Want to reduce the amount you pay toward your monthly mortgage payments? Then a recast mortgage may be the option for you.
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The size of that additional payment impacts how much you can save with a loan recast. However, instead of recasting, you could pay a lump sum toward your.
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If you did not provide an Automated Underwriting System (AUS) response, this quote is based on an assumed AUS Approve/Eligible response. If you did not provide a credit score, this Quote is based on non-traditional credit sources. actual rates may vary if any changes to the data are made.