All Posts

Thinking about refinancing to lower your mortgage payment? Learn when refinancing makes sense, what factors to consider, and how RHMC can help you determine if it's the right move for your financial goals.

Learn how mortgage refinancing may help lower your monthly payment, reduce your interest rate, or better align your mortgage with your financial goals. RHMC mortgage expert Phillip Cresta explains what homeowners should consider before refinancing.

Buying a home or refinancing a mortgage starts with understanding your options. Whether you're a first-time homebuyer, a veteran, a homeowner looking to access your equity, or you're purchasing a higher-priced home, the right mortgage depends on your goals, finances, and property. I'm Phillip Cresta, a mortgage professional with Residential Home Mortgage Corporation (RHMC). I work with homebuyers and homeowners across Hunterdon County and the surrounding area to help them un

A cash-out refinance can be an effective way to consolidate high-interest debt in 2026. You replace your existing mortgage with a larger loan, then use the difference in cash to pay off credit cards, personal loans, and other debts, often at a considerably lower rate than what that debt is currently costing you. For many homeowners, this simplifies several payments into one monthly obligation and can meaningfully reduce total interest paid over time, especially for those with