The Refinancing Basics

What’s your refinance goal?

Our clients generally want to:

• Lower their monthly payment
• Reduce their existing interest rate
• Pay off their mortgage sooner
• Convert an adjustable rate mortgage (ARM) to a fixed rate mortgage
• Use funds from their home for a special event or purchase

Some clients also want to tap into equity in their homes using a home equity loan. A home equity loan is an alternative to refinancing if your home loan has a very low rate compared to current interest rates or if you have a prepayment penalty on your loan.

With historic low interest rates and increasing home prices, you may qualify for a refinance even if you could not in recent years because you owed more on your home than it was worth (also called “being underwater”).

We’ll make refinancing your home mortgage as streamlined as possible with electronic signatures and our top-notch customer service. Call us today to see if refinancing can help you achieve your financial goals.