A mortgage refinance involves replacing your original mortgage loan with a new one. Find out how to refinance a mortgage and whether it's a good idea for you.
Refinancing a mortgage can help you get better and more favorable loan terms, although you should consider certain factors before refinancing your home.
Learn when the right time to refinance your mortgage is based on current market conditions, your financial situation, and average refinancing costs.
When is it worth it to refinance your mortgage? We’ll walk through some common scenarios to help guide your decision.
Before deciding to refinance your mortgage, understand why you’d want to take out a new home loan in the first place. From there, you must determine whether it makes sense for your...
A mortgage refinance can help you pay off your home sooner, lower your monthly payments, and more. Learn how you can refinance your mortgage.
Rate-and-term refinance · Lower your rate and term. A rate-and-term refinance may help you lower your monthly mortgage payment or allow you to pay off your home sooner. Explore rate-and-term refinancing ; Cash-out refinance · Access your home’s equity · A cash-out refinance is a great way to get new mortgage terms and borrow funds for one-time expenses. Learn about cash-out refinancing
Learn more about your mortgage refinancing options, view today's rates and use our refinance calculator to help find the right loan for you.
Get the answers you need to common questions about mortgages and refinancing ; Client Assistance Program – Home Loan Payment Assistance · Getting or refinancing a mortgage · Home loan interest rates · Making mortgage payments · Escrow and property tax · Paying off your mortgage · Home loan assistance programs · Requesting a Mortgage Lien Release
You'll generally need at least 20% equity in your home to refinance without paying private mortgage insurance. Still, you may be able to get a lower rate without that much equity, so it's...