Refinance Loans
Lower your rate, shorten your term, or tap equity.
Overview
Our refinance options are designed around your financial goals, whether that's lowering your monthly payment, shortening your loan term, switching out of an adjustable rate, or tapping into your home's equity for other needs. We take a personalized approach — carefully assessing your current loan, your goals, and today's terms across our lender network — rather than pushing a one-size-fits-all product.
Who It’s For & What You’ll Need
- Your current mortgage statement and loan details
- An appraisal or valuation of your home (required for most refinance types)
- Proof of income and employment, similar to a purchase loan
- A qualifying credit score and debt-to-income ratio for your chosen refinance program
- Sufficient home equity, especially for a cash-out refinance
Benefits
- The potential to lower your monthly payment or your total interest paid over the life of the loan
- The option to shorten your term and build equity faster, or lengthen it to ease monthly cash flow
- Traditional (rate-and-term), cash-out, and FHA/VA streamline refinance options, shopped across our lender network
- One point of contact managing the process from application to closing
Common Scenarios
- A homeowner whose rate today is meaningfully higher than current market rates and wants to lower their monthly payment.
- A borrower on an adjustable-rate mortgage who wants the predictability of a fixed rate before an upcoming adjustment.
- A homeowner consolidating higher-interest debt into their mortgage through a cash-out refinance.
Frequently Asked Questions
How much does it cost to refinance?
Refinancing carries closing costs similar to a purchase loan — things like appraisal, title, and lender fees — typically a percentage of the loan amount. We’ll show you the real numbers and help you calculate your break-even point before you commit.
What is a break-even point, and how do I calculate mine?
It’s the point at which your monthly savings from a new rate offset the closing costs you paid to refinance. Our refinance calculator can estimate this for your specific numbers.
How soon after buying a home can I refinance?
It depends on the loan program and lender, but many conventional loans allow a refinance at any point once it makes financial sense; some loan types and cash-out refinances have a required waiting period. We can confirm what applies to your current loan.
Will refinancing hurt my credit?
Applying triggers a credit inquiry and can cause a small, temporary dip, similar to any credit application. It does not reset your credit history, and most people see scores recover within a few months.
Related Calculators
Run your own numbers before you apply:
Ready to Move Forward with Refinance Loans?
Start your application, or talk it through with a loan officer first — whichever fits where you are.