Refinance
Lower your rate, change your term, or stabilize your payment.
Refinancing replaces your current mortgage with a new one, usually to lower your interest rate, shorten your term, or move from an adjustable rate to a fixed one. It's worth a look any time rates move or your situation changes. The only honest way to know if it's worth it is to run your specific numbers against the cost of the refinance, which is exactly what I'll do.
- 01Homeowners whose rate is higher than today's
- 02Anyone on an ARM who wants to lock in a fixed rate
- 03Owners who want to pay the loan off faster
Lower the rate
If rates have dropped since you bought, refinancing can reduce your monthly payment. We check whether the savings beat the cost.
Change the term
Move to a shorter term to pay off sooner, or a longer one to ease the monthly payment. Your call, with the tradeoffs spelled out.
ARM to fixed
If your adjustable rate is about to move, locking a fixed rate buys certainty. We time it with you.
Refinance, answered.
- When is refinancing actually worth it?
- When the monthly savings pay back the cost of the refinance before you'd sell or move. I'll calculate that breakeven for you honestly, even if the answer is "not yet."
- How long does a refinance take?
- Often less time than a purchase, since there's no home search or closing date pressure. We'll set expectations once we see your file.
That's what the first call is for.
Tell me your situation and I'll tell you which programs actually fit. Ten to fifteen minutes, no paperwork.
This page is general information about loan programs, not a commitment to lend or an offer of credit. Program availability, terms, and qualification depend on your situation and are subject to underwriting approval. Tareq Maayta, NMLS #1443073. Loans through Finance USA Corporation, NMLS #135625. Equal Housing Opportunity.