Refinance
Lower your payment or access your equity. Refinancing made simple.
Why Refinance
Take control of your mortgage again
Your situation has changed since you bought your home. Maybe rates have dropped. Maybe your income has grown. Maybe you need cash for a major expense. Refinancing lets you adjust your mortgage to match your life right now, not the life you had years ago. You can lower your monthly payment, shorten your loan term, switch from an adjustable to a fixed rate, or tap your home equity. The goal is simple: put your mortgage back to work for you.
Calculate your potential monthly savings
Enter your current loan details and the new rate you're considering. We'll show you how much you could save each month and over the life of your loan.
Calculator results are estimates provided for illustrative purposes only and may not reflect actual loan terms. This is not a commitment to lend, a preapproval, or an offer of credit. Actual rates, payments, and costs depend on credit approval, satisfactory appraisal, and underwriting guidelines. Consult a licensed loan officer for details.
Four simple steps to refinance your home
Refinancing is faster than a purchase because you already own the home. We've streamlined every step so you can get your new loan in place quickly.
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Submit Your Application
1-2 days
Tell us about your current mortgage, your home's value, and your financial situation. We'll order a new appraisal to determine how much equity you have to work with.
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We Handle Underwriting
5-7 days
Our team reviews your application, verifies your income and assets, and confirms the appraisal value. We'll communicate with you if we need additional documents or information.
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Final Review and Closing
1-2 days
You'll receive your Closing Disclosure, review final loan terms, and sign documents. Closing happens at your bank, online, or with a notary of your choice.
Refinancing questions answered
Understand the refinancing process and what it means for your home and finances.
Is there a penalty if I refinance?
Some older loans include a prepayment penalty for paying off early. We'll review your current loan documents and tell you upfront if any penalty applies. Often, the savings from a lower rate outweigh the penalty.
How long does refinancing take?
Refinancing typically takes 10 to 15 business days from application to closing. The exact timeline depends on how quickly you provide documentation and how busy our underwriting team is.
What are closing costs for a refinance?
Closing costs vary based on your loan amount and the type of refinance. Some borrowers choose a no-cost or low-cost refinance, where closing costs are rolled into the loan. We'll provide a clear estimate before you commit.