Refi
Unlock your home's potential
First Lien Mortgages
Refinancing your first lien mortgage involves replacing your existing mortgage with a new one, often to secure better terms.
Reduce Your Rate
The most common reason to refinance is to lower your interest rate. This can lower your monthly payment as well as provide savings over the life of the loan.
Reduce Your Term
This strategy can lead to significant interest savings and will allow you to build home equity more rapidly.
Cash Out
Tap into your home's equity for various purposes such as home improvements, investments, and more.
Debt Consolidation
Eligible customers may be able to pay off other high-interest debts (such as credit cards, student loans, personal loans, and more) by leveraging your home's equity.
Custom Solutions for You
Many other strategies or benefits including eliminating mortgage insurance or combining mortgages when applicable.
Second Lien Mortgages
Often referred to as Home Equity loans, these mortgages will be taken out in the 2nd lien position. These loans are often independent of your current mortgage and won’t alter the existing rate or term you currently have.
Home Equity Line of Credit (HELOC)
A HELOC is a variable rate program and a great option if your expenses will be staggered over time. This program will let you borrow money as you need it up to a pre-determined limit.
Closed End Second (CES)
Our fixed rate home equity loan is ideal if you want a large lump sum of cash for a one-time expense, such as a specific home improvement project or if you want to consolidated debt.
Important Considerations
No two scenarios are the same just as no two customers are. It’s important to take multiple factors into consideration when determining if you should refinance. Our experience and expertise will help guide you.
Closing Costs
It is important to take into account what the costs are for your new loan, including how long will it take you to recuperate vs. the savings on the loan.
Length of Time
Factoring in how long you plan to stay is one of the biggest factors that can be overlooked. It's important to discuss with us so we can help determine the option that works best for you.