Mortgage refinance
Should I refinance my mortgage?
Click below to see frequently asked questions about mortgage refinancing.
Benefits of a Mortgage Refinance
Interest rate
Lower the interest rate on your current mortgage.
Monthly payment
Lower your monthly mortgage payment. By refinancing your existing loan the total finance charges may be higher over the life of the loan.
Consolidate
Pay off other debts that have high interest rates.
Terms
Change the loan terms to match your changing financial needs.
Cash-out
Take cash out of the equity of your home to pay for significant expenses.
Premiums
Cancel any mortgage insurance premiums that you currently have.
Cash-out refinancing
Leverage the equity built-up in your home by replacing your existing mortgage with a higher loan amount – the difference is cash available to you! Click here to learn more about a cash-out refinance.
Rate & term refinancing
Reduce your monthly mortgage payment by refinancing to a lower interest rate and changing the terms of your loan.
