Loan option
Refinance
Lower your rate, shorten your term, or tap your equity.
Refinancing replaces your current mortgage with a new one — to lower your rate or payment, shorten your term, or tap your home's equity for cash.
We model the break-even first, so a refinance only happens when the math actually works in your favor. No pressure, just honest numbers.
Use a cash-out refinance to consolidate debt or fund a project, or a rate-and-term refinance to simply pay less each month.
Who it's for
Is the Refinance right for you?
- You want to lower your rate or payment
- You'd like to pay your home off faster
- You want to tap equity for cash
- You're consolidating higher-interest debt
Good to know
Common questions
When does refinancing make sense?
Usually when the monthly savings outweigh the closing costs within a reasonable time, or when you need to change your term or pull cash. We'll calculate your break-even before you decide.
What's a break-even point?
The number of months it takes for your monthly savings to cover the cost of refinancing. Past that point, you're ahead.
Cash-out refinance or a HELOC?
A cash-out refinance replaces your mortgage; a HELOC sits on top of it. The right choice depends on your current rate and goals — we'll compare both.
Ready to explore the Refinance?
Apply in minutes or get a no-obligation quote — and a licensed loan officer will tailor it to you.