We can help you put your mortgage to use to accomplish your financial goals.
Get StartedThere are a variety of reasons to consider refinancing, depending on your financial goals – and there’s never been a better time to refinance thanks to historically low interest rates.
While refinancing can lower your monthly payments, it’s not right for everyone, and there are several important factors to consider. Whatever your goals are, we want to help you make informed decisions for your financial future.
Being a first-time homebuyer has unique advantages. We’ll help you choose the right mortgage to accomplish your specific financial goals.
We’ll run the numbers and show you how to afford a home you love without going over your monthly housing allowance.
We know you’re busy, so we work around your schedule and we can even guide you through the entire process without ever meeting in person.
Our team is proactive and extremely sharp, which means we can close on your home very quickly (usually within 30 days).
Four simple steps, with a real person guiding you through each one.
Lower your payment, shorten your term, or tap your home equity. We'll talk through what you want to accomplish.
We look at your balance, rate, and home value, then lay out rates, terms, and closing costs side by side.
Pick the option that fits and lock your rate when you're ready. We verify your documents and handle underwriting.
Review your final numbers and sign. We explain what to expect with your first new payment.
Common questions
A refinance replaces your current mortgage with a new loan. Homeowners refinance to change the interest rate, adjust the loan term, switch between fixed and adjustable rates, or turn home equity into cash. The process is similar to buying a home. You apply, the lender reviews your finances and usually orders an appraisal, and you close on the new loan, which pays off the old one.
Refinancing can make sense when the savings or benefits outweigh the costs and you plan to stay in the home long enough to recoup them. Common goals include lowering your monthly payment, shortening your loan term, switching from an adjustable rate to a fixed rate, removing mortgage insurance, or accessing home equity. Your break-even point can help you decide.
Divide your total refinance closing costs by your monthly savings. The result is the number of months it takes to recoup the cost. For example, if closing costs are $6,000 and your new payment is $200 lower, the break-even point is 30 months. If you expect to move or sell sooner, refinancing may not pay off. Your Loan Estimate shows the costs. Talk to our team, and we'll help you run your numbers.
Refinance costs typically include lender fees, an appraisal, title and escrow charges, recording fees, and prepaid items such as taxes and insurance. The total varies by loan amount, loan type, and property location, and your Loan Estimate lists the exact costs. Where the program allows it, some borrowers roll costs into the new loan or choose a lender credit with a higher rate, but both change what you pay over time, so compare offers carefully.
Most refinances take about 30 to 45 days to close, though timing depends on how quickly you provide documents, appraisal scheduling, and loan complexity. Having your recent pay stubs, tax documents, and bank statements ready and responding quickly to requests can help avoid delays.
A rate-and-term refinance replaces your loan to change the interest rate, the loan term, or both, without taking extra cash. A cash-out refinance replaces your loan with a larger one and gives you the difference in cash, using your home equity. Cash-out loans typically have stricter equity and pricing requirements because the loan balance increases.
A cash-out refinance replaces your first mortgage with a new, larger one, so the new rate applies to your whole balance. A home equity loan or HELOC is a separate second loan that leaves your first mortgage in place. If your current rate is lower than rates available today, a second loan may let you keep it. If you prefer one payment or want to change your rate, a cash-out refinance may fit better. Connect with our team, and we can compare both for your situation.
It can. If you refinance a loan you've paid on for several years into a new 30-year loan, your payoff date moves out, and you may pay more interest over time, even if the monthly payment drops. You can choose a shorter term, such as 15 or 20 years, or a term that matches your remaining years, to avoid restarting the clock. Compare total interest, not only the monthly payment.
A refinance usually causes a small, temporary dip. The lender checks your credit, and the new loan replaces an older account. Credit checks from multiple mortgage lenders within a 45-day window are recorded as a single inquiry, so you can compare offers without stacking up penalties. Making on-time payments afterward helps your score recover.
Not much, if you shop within a short window. Each lender credit check can have a small effect on your score, but within a 45-day window, multiple mortgage credit checks are recorded as a single inquiry. That lets you compare lenders and Loan Estimates without stacking up penalties. Some scoring models use a shorter window, so aim to compare offers within about 2 weeks.
Possibly. If you have a conventional loan with private mortgage insurance (PMI) and your home has gained value, a refinance based on a new appraisal may remove PMI if your loan-to-value ratio is low enough. Some FHA borrowers refinance into a conventional loan for the same reason. You can also ask your servicer about canceling PMI without refinancing, so compare both paths.
Lenders typically ask for recent pay stubs, W-2s or tax returns, bank and asset statements, your current mortgage statement, homeowners insurance information, and photo ID. Self-employed borrowers may need profit and loss statements or more years of tax returns. Your loan officer will confirm the exact list for your loan type.
Yes, many self-employed homeowners refinance. Lenders typically review tax returns to document income, and some borrowers may qualify using alternative documentation, such as bank statements, through non-QM programs. Requirements depend on the program, so speak with our team about which option fits your situation.
A streamline refinance is a simplified refinance for borrowers who already have a government-backed loan, such as an FHA or VA loan. It typically requires less documentation than a standard refinance, and the new loan must provide a clear benefit, such as a lower payment or a more stable rate. An FHA streamline requires that your current loan is FHA insured and that you're current on payments. Eligibility and waiting periods vary, so check with a loan officer.
The interest rate is the yearly cost of borrowing the loan amount, shown as a percentage. The APR (annual percentage rate) includes the interest rate plus certain lender fees and costs, so it reflects a more complete yearly cost of the loan. Use the APR to compare loan offers side by side, and review your Loan Estimate for the full details.
An appraisal is an independent estimate of a home's market value, completed by a licensed appraiser. Your lender requires one to confirm the home is worth enough to support the loan amount. It is different from a home inspection, which checks the condition of the property. If the appraisal comes in lower than the purchase price, your loan officer and agent can review options, such as renegotiating the price or bringing more cash to closing.
An impound account, also called an escrow account, is held by your lender or servicer to pay your property taxes and homeowners insurance. You pay one twelfth of the yearly amount with each mortgage payment, and the servicer pays the bills when they're due. The upside is no large lump-sum bills. The downsides are a higher monthly payment and no interest on the balance. Many government-backed loans require one. For other loans it depends on your down payment and lender, and waiving it may cost a fee or a higher rate.
Working with Garrett and his team was an outstanding experience from start to finish. They were knowledgeable, professional, patient, and always available to answer my questions throughout the entire home buying process. They kept me informed every step of the way, explained everything clearly, and made what could have been a stressful experience feel smooth and manageable. I truly appreciated their honesty, responsiveness, and dedication to helping me secure the best loan for my new home. I highly recommend him to anyone looking for a trustworthy and reliable loan officer.
Garrett was an awesome resource helping us along the way to finding our perfect home at the best price for us! He put in the extra effort to make sure we were competitive during offering, and that everything was on time for closing. I highly recommend!
Garret was extremely knowledgeable and went above and beyond to support us with our home buying experience. He helped us move quickly to qualify and complete a short escrow on time. With the help of Garrett and his team, we were able to beat out an all cash offer on the home we wanted and get our loan approved quickly at a competitive rate. I would definitely recommend him to other friends and family looking for a lender.
I cannot thank this team enough for all of their hard work and effort to make this happen for me. It was a pleasure working with each team member because they were professional, Efficient and considerate of my time. Garrett was patient and spent so much time explaining things to me in a way that I would understand. He answered all of my questions no matter how big or small. Sam is an absolute blessing, I’m so grateful to have met him. I can go on and on about this team and how amazing they were to me but I truly cannot thank them enough for all that they’ve done for me.
The team was amazing to work with. Professionalism, transparency, and an extreme sense of urgency to do what needs to get done on time. They also have a great portal to upload all necessary documentation to help maintain data security. If I had more stars I would score the company higher. They helped us purchase a dream second home, and we couldn't be happier. I've worked with many other lenders in past, and these people are by far the best! I won't think twice before working with them again.
Working with this team is a dream. The process is very easy and very well-explained. The follow-up is prompt and polite. It seems that the process is over before you know it. I HIGHLY RECOMMEND THEM!!!
From the beginning to the end of our escrow, everyone on the team was absolutely amazing! In our previous home purchase, we had a horrible experience with our lender and were very apprehensive going forward. But everyone we worked with was professional, helpful, and always available! We felt supported every step of the way and everyone was just so kind and easy to work with! I would HIGHLY recommend this team to anyone going forward!!! We couldn't be more happy!
The team is absolutely fantastic! I would highly recommend them for both a new purchase and a refinance, I have done both with them. They are extremely attentive and kept me updated every step of the way, whether is was from cool video emails to responding to my evening questions. They got me a fantastic rate and made the process very painless, both times!
I worked with this mortgage company to get a loan done quickly. I was closing on a foreclosure from a reverse mortgage. They got things done on time, they communicated perfectly through the process, they took away stress and worry for me. A+ highly recommend using them to make a stressful time/buying a home easier.
My mortgage was not the normal garden variety. The team did an amazing job. The process was fast, clean and easy. Immediate response to any question/concerns. I could not be happier in their performance. Thanks everyone.
Whether you're buying a home, refinancing, or exploring non-QM and jumbo options, our team will walk through your goals and give you a clear plan.
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