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Mortgage Refinance

Refinancing a mortgage may seem like a simple process, and in many ways it is. However, there are some pitfalls that can happen along the way. The attorneys at Gruber, Colabella, Thompson, Hiben & Montella are deeply knowledgeable about property refinance laws and can advise you during every step of the process.

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    Do I Need a Lawyer to Refinance?

    As a property owner looking to refinance, it may seem sensible to use the lending institution as your only source of information. It is important, however, to keep in mind that their interests and yours may not necessarily align. Having one of our New Jersey real estate attorneys to guide you through the process can give you the reassurance you need that your interests are being represented.

    Bankers are not able to practice law without a license and as such will be unable to resolve any legal issues that may arise during the refinance process. An attorney will ensure that your views are considered during the transaction.

    • Review of the mortgage documents – Our team will review your mortgage documents to ensure that they align with your expectations. If issues are found, they will be addressed prior to the signing of any documents.
    • Guidance on the timing of a closing – If your existing loan is an FHA mortgage, closing at the wrong time could prove more costly. Our New Jersey real estate attorneys will advise you regarding the best timing for you.
    • Make certain that the previous liens are being released in a proper manner.
    • Correct property description is being used – Our team will research your property and make certain that the correct description is what appears on the refinance documents. Any issues found will need to be resolved before proceeding with the refinance.

    In this era of unprecedented low interest rates, it may make financial sense to refinance your property.  Our team of New Jersey real estate attorneys have decades of experience and are uniquely positioned to address any issues that arise throughout the entire refinance process.

    When we do encounter issues, we will alert you and then perform and exhaustive follow-up with the necessary parties to address and resolve the issue.  When you engage our firm for your refinance, you can rest assured that your refinance will be as smooth as possible and that your interests are being represented by a qualified attorney.

    Contact an NJ Real Estate Attorneys

    Led by partners Chris Colabella and Racquel Hiben, our real estate practice is diverse and we are able to deftly navigate the challenges faced by individuals and businesses alike. Whether a “straightforward” residential transaction or a major commercial development, the stakes are always high for all involved, and our team will work diligently to ensure the smoothest process and most advantageous outcome.

    Chris H. Colabella

    Esq.

    Racquel G. Hiben

    Esq.