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Lower Your Rate: A mortgage refinance not only lowers your payment, but can drastically reduce the amount you spend in interest over the life of the mortgage.
Shorten Your Mortgage: If you are in a 30-year fixed mortgage, you could save a lot of money by converting to a 15-year or 10-year fixed mortgage from a refinance.
Take Cash Out: Now that equity is returning to American homes, cash-out mortgage refinances are an option for many homeowners.
Adjustable to Fixed: Sometimes it’s a good idea to convert an adjustable rate mortgage into a fixed rate through a refinance. Then you can rest assured knowing your payment won’t be unmanageable in the future.
Rate shown is for an adjustable rate mortgage (ARM). See our advertising disclosures for rate and payment details.
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