Refinance Your Mortgage
Lower your rate, reduce your payment, or access your home's equity
Rates starting at 5.50% APR
See How Much You Could Save
*Example based on $300,000 loan refinancing from 7.5% to 6%
Why Refinance Your Mortgage?
Lower Monthly Payment
Reduce your monthly payment by securing a lower interest rate
Shorten Loan Term
Pay off your mortgage faster by refinancing to a shorter term
Cash-Out Option
Access your home equity for renovations or other expenses
Switch Loan Type
Convert from adjustable to fixed rate for payment stability
Types of Refinance Loans
Choose the refinance option that matches your goals
Rate & Term Refinance
Lower your rate or change your loan term
- Lower your interest rate
- Reduce monthly payments
- Shorten or extend loan term
- Switch from ARM to fixed rate
- No cash out
Cash-Out Refinance
Access your home equity
- Borrow more than you owe
- Receive cash at closing
- Use for any purpose
- Potentially tax-deductible
- Single monthly payment
Streamline Refinance
Quick and easy for FHA/VA loans
- Minimal documentation
- No appraisal required
- Fast approval process
- Lower closing costs
- For existing FHA/VA loans
When Should You Refinance?
Interest Rates Drop
Rates are at least 0.5-1% lower than your current rate
Better Credit Score
Your credit has improved significantly since your original loan
ARM to Fixed
Your adjustable rate is about to reset to a higher rate
Remove PMI
You have 20% equity and want to eliminate mortgage insurance
How Refinancing Works
Check Your Rate
2 minutesSee what rate you qualify for with no impact to your credit score
Compare Options
15 minutesReview different refinance scenarios and choose what works best
Complete Application
30 minutesSubmit your application with our easy online process
Close Your Loan
30-45 daysSign documents and start saving immediately
Refinance FAQs
When should I refinance my mortgage?
Consider refinancing when interest rates are at least 0.5-1% lower than your current rate, your credit has improved, or you want to change your loan term.
How much does it cost to refinance?
Typical closing costs range from 2-5% of the loan amount. However, many lenders offer no-closing-cost refinance options where costs are rolled into the loan.
How long does refinancing take?
The refinance process typically takes 30-45 days from application to closing, though it can be faster for streamline refinances.
Can I refinance with bad credit?
While possible, you'll typically need a credit score of 620 or higher for conventional loans. FHA streamline refinances may have more flexible requirements.
Ready to Start Saving?
Check your rate in minutes with no impact to your credit score