Mortgage Refinancing

A home refinance can let you save money by lowering your monthly payments or provide you a one-time cash payment during refinancing by tapping into your home’s equity.

Depending on the terms of your current loan and how long you plan to stay in your home, refinancing could be the best option for you. Whether you have an existing loan with us or another lender, we have fixed-and adjustable-rate options that could save you money.

• Lower your monthly payment
• Eliminate Private Mortgage Insurance (PMI)
• Pay less interest over the life of your loan
• Leverage your home’s equity and get cash to use however you want
• Consolidate higher-interest debt
• Shorten your term and payoff your mortgage faster
• Construction Permanent Loans

Refinance your mortgage and save. Contact us today to Get Started!

To calculate your break-even point based upon monthly payment savings, estimate your savings based on your new monthly payment after the refinance. Then divide the fees and costs of the refinance by your estimated monthly savings.

Here’s an example:

Cost to refinance: $1,800

Monthly savings $100 = Break-even point of 18 months

In this case, if you planned on staying in your home for more than 18 months, the cost of refinancing could be worth it. After reaching your break-even point, your savings would total $1,200 a year.

Bottom line, while reaching your break-even point may take some time, if you’re in it for the long haul, you may be able to achieve some serious savings by refinancing.