Refinance
Lower your rate or change your loan term on an existing mortgage, without taking cash out.
- Lower your interest rate or shorten/lengthen your loan term
- Switch from an adjustable-rate to a fixed-rate mortgage, or vice versa
- Remove mortgage insurance if your equity position supports it
- Available on conventional, FHA, VA, and USDA loans
- No cash disbursed at closing beyond covering costs
Ask About Refinance
A rate-and-term refinance exists purely to make your existing mortgage cheaper or better structured — a lower rate, a different term, or a switch off an adjustable rate — without pulling equity out. We’ll run the real break-even math before recommending it.
Who This Is For
- Homeowners whose current rate is meaningfully above today's market rate
- Borrowers wanting to move from an ARM to a fixed rate before an adjustment
- FHA or VA borrowers eligible for a streamline refinance with reduced documentation
Refinance FAQs
How much does my rate need to drop to make refinancing worth it?
It depends on your closing costs and how long you plan to stay in the home — we'll run the actual break-even math with you rather than rely on a rule of thumb.
What is a streamline refinance?
A reduced-documentation refinance option available on existing FHA and VA loans, often without a new appraisal.
Can refinancing remove my mortgage insurance?
If your loan-to-value has improved enough — through paydown, appreciation, or both — refinancing into a conventional loan can eliminate FHA mortgage insurance entirely.
Related Resources
Ready to Talk Through Refinance?
Tell us about your situation and we'll tell you honestly what it will take to qualify.
