Replacing your existing home loan with a new one, usually to obtain better terms, is known as refinancing your mortgage. Whether you’re aiming to lower your interest rate, reduce your monthly payments, or change the length of your loan, a refinance can help you get more out of homeownership.
It’s a smart financial move for many homeowners, especially when market rates are low or personal finances have improved since you got your mortgage.

Lower Monthly Payments
If interest rates have dropped or your credit has improved, refinancing could score you a lower rate and shrink your monthly payments.

Shorten or Extend Your Loan Term
Want to pay off your mortgage faster? Refinancing into a shorter term can save thousands in interest. Need more flexibility? A longer term can ease your monthly burden. Refinancing gives you options.

Change Loan Types
Refinancing lets you move from an adjustable-rate mortgage (ARM) to a fixed-rate loan for more predictable payments—or vice versa, depending on your goals.

Remove Private Mortgage Insurance (PMI)
If your home’s value has increased, refinancing could help you remove PMI from your monthly payments—putting more money back in your pocket.

Get a refinance quote today!