Mortgage refinance
Should I refinance my mortgage?
Take advantage of today’s historically low rates to lower your monthly mortgage payment, take cash out of your home, or potentially pay off your mortgage faster. Your financial needs may change over time, and your mortgage should change with them.
Benefits of mortgage refinancing
Interest rate
Lower the interest rate on your current mortgage.
Monthly payment
Lower your monthly mortgage payment.
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.
