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 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.


Pay off other debts that have high interest rates.


Change the loan terms to match your changing financial needs.


Take cash out of the equity of your home to pay for significant expenses.


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.