Home Equity vs. Mortgage

Refinancing your mortgage with a home equity loan offers shorter terms and reduced financing costs. With a shorter term, you’ll build equity faster
and pay off the loan earlier. But keep in mind, your monthly payments will
be higher. If you’re comfortable making those payments
and plan on staying in the home for a while, it’s a great option. Plus, you’ll save a lot of money on closing costs
by refinancing with a home equity loan. Would you like to learn more? Dollar Bank mortgage experts are ready to
help. Call 1-800-344-LOAN, or visit dollar.bank/mortgages.

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