Refinance to Meet Your Financial Goals

It's Your Mortgage. Use It.

SHORTEN LOAN TERMS

Refinance into a shorter term, so you can pay off your mortgage sooner.

TAKE OUT YOUR CASH

Leverage your investment and use the equity your house has gained over the years.

LOWER YOUR PAYMENT

As an established homeowner, you can improve your financial security by refinancing.

Mortgage Refinance Programs

Refinancing is the process of paying off your existing mortgage with a new mortgage. Typically, you refinance your mortgage to reduce your interest rate and monthly payment or change the length (or term) of your mortgage. You may also refinance to take cash out from your home’s equity.

Rate and Term Refinance

The potential benefits of rate-and-term refinancing include securing a lower interest rate and a more favorable term on the mortgage; the principal balance remains the same. Such refinancing could lower your monthly payments or potentially set a new schedule to pay off the mortgage more quickly. There are several ways to exercise a rate-and-term option.

Cash Out Refinance

The cash-out refinance can be one of the borrowers’ best options. It gives the borrower all of the benefits they are looking for from a standard refinancing, including a lower rate and potentially other beneficial modifications. With the cash-out refinance, borrowers also get cash paid out to them that can be used to pay down other high rate debt or possibly fund a large purchase. 

FHA Streamline Refinance

The FHA Streamline Refinance program gets its name because it allows borrowers to refinance an existing FHA loan to a lower rate more quickly. Avoiding a lot of paperwork, and often without an appraisal, the Streamline option saves borrowers time and money.

VA Refinance

A VA loan is a mortgage loan available through a program established by the U.S. Department of Veterans Affairs (VA) (previously the Veterans Administration). With VA loans, veterans, service members, and their surviving spouses can purchase homes with little to no down payment and no private mortgage insurance and generally get a competitive interest rate.

Home Loans

Preapproval is the process of determining how much money you can borrow to buy a home. To preapprove you, we look at your income, assets and credit score and determine what loans you could be approved for, how much you can borrow and what your interest rate might be.

Loan Refinance

If you would like to lower your monthly mortgage payment, change the terms of your loan or consolidate debt, you may want to consider refinancing. Since you’ve already been through the mortgage process, you’ll find that refinancing may help you reach your financial goals.