If mortgage rates have fallen since you took out your home loan, you can often save money by refinancing your mortgage. You may also be eligible for an FHA Streamline Refinance, which will save you time and money.
Borrow Money
With a cash-out refinance, you can borrow against your home equity to obtain funds for any purchase.
Consolidate Debt
You can use a cash-out refinance to help pay off other loans, such as auto loans, credit cards, student loans, or personal loans.
Shorten Your Term
Many homeowners start with a 30-year home loan, then refinance to a 25, 20, or 15-year fixed-rate mortgage. This allows you to pay your mortgage off faster and save money in interest over the life of the loan.
No matter your reason for refinancing, strategy is key, and our carefully chosen loan officers are highly qualified to help you meet your goals.