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Refinance Loan Options

Lower your monthly payment, reduce your interest rate, or tap into your home's equity. We offer comprehensive refinance solutions to help you achieve your financial goals.

Refinance Loan Types

Rate & Term Refinance

Lower your interest rate or change your loan term without taking cash out. This is the most common type of refinance.

  • Lower monthly payments
  • Reduced interest costs
  • No cash out
  • Faster equity building
  • Available for all loan types
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Cash-Out Refinance

Borrow more than you owe on your current mortgage and receive the difference in cash for home improvements, debt consolidation, or other expenses.

  • Access home equity
  • Lower interest than credit cards
  • Tax-deductible interest
  • Flexible use of funds
  • Available for primary residences
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FHA Streamline Refinance

Current FHA borrowers can refinance with minimal documentation and no appraisal required in most cases.

  • Minimal documentation
  • No appraisal required
  • Lower closing costs
  • Faster processing
  • Available for current FHA borrowers
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VA IRRRL Refinance

Veterans with VA loans can refinance to a lower rate with the VA Interest Rate Reduction Refinance Loan program.

  • No appraisal required
  • No income verification
  • Lower interest rate required
  • Reduced funding fee
  • Available for current VA borrowers
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Conventional Refinance

Refinance your conventional loan to a lower rate or better terms. Available for borrowers with good credit and sufficient equity.

  • Competitive rates
  • Flexible terms
  • No PMI with 20% equity
  • Available for all property types
  • Standard documentation required
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Investment Property Refinance

Refinance your investment property to lower your monthly payment or access equity for additional investments.

  • Higher rates than primary residences
  • Rental income consideration
  • Investment property appraisal
  • Available for experienced investors
  • Higher down payment requirements
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Benefits of Refinancing

Lower Monthly Payment

Reduce your monthly mortgage payment by securing a lower interest rate or extending your loan term.

Lower Interest Rate

Take advantage of current market rates to reduce your interest rate and save thousands over the life of your loan.

Shorter Loan Term

Pay off your mortgage faster by refinancing to a shorter term, building equity more quickly.

Cash-Out Refinance

Access your home's equity for home improvements, debt consolidation, or other major expenses.

Remove PMI

Eliminate private mortgage insurance if your home has appreciated and you have sufficient equity.

Switch Loan Types

Convert from an adjustable-rate mortgage to a fixed-rate loan for payment stability.

Refinance Eligibility

Home Equity

Most refinances require at least 5-20% equity in your home. Cash-out refinances typically need 20% equity.

Credit Score

Good credit is required for most refinances. Conventional loans typically need 620+, FHA 580+.

Debt-to-Income Ratio

Your DTI ratio should be below 43% for most refinances, though some programs allow higher ratios.

Employment History

Stable employment history is required. Self-employed borrowers may need additional documentation.

Seasoning Requirements

Most lenders require you to have owned your home for at least 6-12 months before refinancing.

Break-Even Analysis

Consider closing costs and how long it will take to recoup them through monthly savings.

Our Refinance Process

1

Initial Consultation

We'll review your current loan and financial situation to determine if refinancing makes sense.

2

Loan Application

Submit your refinance application with all required documentation and financial information.

3

Property Appraisal

An appraisal will be ordered to determine your home's current market value.

4

Processing & Underwriting

We'll process your application and work with underwriters to get your loan approved.

5

Loan Approval

Once approved, you'll receive your loan estimate and closing disclosure.

6

Closing

Sign your final documents and your new loan will replace your existing mortgage.

Ready to Refinance?

Our refinance experts will help you find the best option to lower your monthly payment and save thousands over the life of your loan.

Start Refinance Contact Us