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Review your payment
Explore whether a new rate, term or loan structure could change your monthly principal and interest payment.
Loan Programs / Mortgage Refinance
Refinance your home
A smarter way to refinance.
Your mortgage should work for where you are today. Explore options to adjust your rate or term, change your loan structure, or access available home equity.
Rate-and-term optionsCash-out optionsPersonal guidance
Why refinance?
Make your mortgage fit your goals
Refinancing replaces an existing mortgage with a new one. The right choice depends on your current loan, home equity, financial profile, closing costs and how long you plan to stay.
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Use available equity
A cash-out refinance may let qualified homeowners access a portion of their equity for major expenses or other goals.
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Adjust your loan
Consider moving from an adjustable to a fixed rate, or changing your repayment term to fit your priorities.
The basics
What should you consider first?
A lower rate alone doesn't tell the whole story. We can help you compare the full costs and benefits.
- Closing costs: Refinancing generally involves fees and other transaction costs.
- Break-even point: Compare upfront costs with potential monthly savings.
- Loan term: Restarting or extending the term can increase total interest even if payments fall.
- Cash-out: Borrowing against equity increases your mortgage balance and may raise your payment.
Quick answers
Common refinancing questions
When does refinancing make sense?
It may make sense when the expected benefits outweigh the closing costs and other trade-offs, considering how long you expect to keep the loan.
Can I refinance without taking cash out?
Yes. Rate-and-term refinancing is commonly used to change mortgage terms without a substantial equity withdrawal.
Will refinancing lower my monthly payment?
Not necessarily. Payments depend on the new rate, balance, loan term, mortgage insurance and other factors. A longer term may lower the payment while increasing total interest.
Can I refinance if I have an FHA or VA loan?
Potentially. Some borrowers may qualify for program-specific refinance options, while others may benefit from comparing conventional and other available loans.
Ready for the next step?
Let's see what refinancing could do for you.
We'll help you review your existing mortgage and compare options that align with your goals.
Start with a simple conversation
Tell us about your current mortgage and what you'd like to accomplish.
Loan Application →Contact UsApplying does not guarantee approval. Loan terms, savings and eligibility depend on underwriting and lender guidelines. Refinancing may increase total borrowing costs.
