Refinance Your Mortgage
A mortgage refinance can be very beneficial, but it’s important that you understand how the process will work.
Read MoreMortgage Refinance
Rates are moving. Now's a great time to refinance.
Rates are moving. Now's a great time to refinance.
Lower Your Payment
A lower rate could reduce your monthly payment.
Cash Out Your Equity
Use your home’s equity for what’s next.
Change Your Loan Term
Pay off your mortgage sooner or extend payments.
Local Mortgage Experts
Get guidance from application to closing.
What Could Refinancing Do for You?
Lower Your Payment
Reduce your monthly payment with a lower rate or a new loan term.
Reduce Total Interest
Enjoy paying less interest over time with a lower rate or shorter term.
Cash Out Your Equity
Turn equity into cash for debt payoff, expenses, or home projects.
Today’s Mortgage Refinance Rates
Ready to explore your options?
Refinancing could help you lower your monthly payment or adjust your loan to better fit your goals. Our local lenders will walk you through the numbers and help you decide what makes sense.
There’s no application fee to get started.
Frequently Asked Questions
What does it mean to refinance your mortgage?
When you refinance your mortgage, you are replacing your current home loan with a new one, often with a lower rate, a different term, or a cash-out option.
When should I refinance?
Many borrowers refinance when rates drop, their credit improves, or they want to change their loan term or use their equity.
What is a cash-out refinance?
A cash-out refinance is one type of mortgage refinance. With a cash-out refinance, you take out your new mortgage on your property for a larger sum than what you have on your original mortgage. You’ll receive the difference between the two loan amounts in cash. This can be a good option if you need access to money, and taking out a larger mortgage is a good option for you.
What fees are involved?
There’s no application fee to apply. However, refinance closing costs are similar to a purchase loan and typically include appraisal, title, and lender fees. Closing costs can vary according to the size of your loan and where you live, but you can generally expect to pay between 2-5% of the new loan balance in closing costs. Closing costs can also be rolled into your refinanced mortgage loan—meaning you could need less cash up front.
How do I get started?
You can get a quote online in just a few minutes or talk with our mortgage lending team about what options work best for you.
