| MYTH | FACT | |
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It can take over three months to refinance. |
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Main Street can qualify you in as little as 24 hours. Unlike other mortgage companies we can often fund your loan in two to three weeks, not months. |
| MYTH | FACT | |
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Refinancing requires a lot of paperwork. |
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A Main Street Mortgage Specialist will walks you through the entire process and tell you the information you'll need to provide. We'll even help fill the paperwork out for you. |
| MYTH | FACT | |
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You should only refinance when interest |
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Even when rates are not at their lowest, refinancing is still a smart choice. You can pay off high-interest credit card debts and lower your monthly payments. |
| MYTH | FACT | |
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Refinancing extends the term of the loan. |
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Refinancing doen't always lengthen the term of the loan. Main Street offers many lending programs with terms less than 30 years. Some are as few as 10 years. |