Choosing the right refinance
| Feature | What it does | Good for |
|---|---|---|
| Rate and term | Changes your rate, your term or both | Lowering payments or paying off sooner |
| Cash-out | Replaces your loan with a larger one and pays you the difference | Renovations, tuition, consolidating debt |
| FHA Streamline | Simplified refinance of an existing FHA loan | Lowering an FHA rate with less paperwork |
| VA IRRRL | Streamlined rate reduction for VA loans | Veterans with an existing VA loan |
Rebuilt your credit? Refinance into a better rate
Many of our clients first bought with a loan that fit their credit at the time. After 6 months to a year of on-time mortgage payments, lenders typically become willing to refinance, often at a noticeably better rate. If that is you, call us. Your options may have improved more than you think.
How a refinance works with us
- 1
Savings review
We compare your current loan with today's options and calculate the break-even point.
- 2
Application and documents
Income, assets and a mortgage statement. Streamline programs need even less.
- 3
Appraisal if required
Some refinances need one. FHA Streamline and VA IRRRL often do not.
- 4
Close and start saving
Your new loan pays off the old one, and your savings start with the first new payment.

