Refinance
Lower your rate, tap equity, or change terms.
Refinancing replaces your existing mortgage with a new one — to lower your rate, change your term, eliminate mortgage insurance, or pull equity out for major goals.
Refinance Highlights
Lower your rate or shorten your loan term to save on interest.
Tap home equity for renovations, debt consolidation, or investments.
Refinance out of FHA MIP or eliminate conventional PMI at 20% equity.
FHA and VA streamline refis can close fast with limited paperwork.
Best For
- Homeowners with rates well above current market
- Borrowers wanting to shorten from 30 to 15 years
- Owners with significant equity needing cash
General Requirements
- Sufficient equity (varies by program)
- Verifiable income and acceptable credit
- Current on existing mortgage payments
- Closing costs (can often be rolled in)
Frequently Asked Questions
Closing costs typically run 2–5% of the loan amount, though no-cost options exist by adjusting the rate slightly.
We run a side-by-side break-even analysis so you can see the monthly savings vs. costs and decide with full clarity.
Explore Other Loan Programs
Low down payment, flexible credit guidelines.
Zero down for those who served.
Flexible, popular financing for qualified buyers.
Financing above conforming limits, simplified.
Investor financing based on rental income, not personal income.
Self-employed financing using deposits — not tax returns.
Ready to explore Refinance?
Get a personalized rate quote and pre-approval in minutes. No obligation.