Refinance your mortgage

Reasons to refinance

• Lower your rate or payment when market rates drop or your credit improves.
• Remove mortgage insurance once you have enough equity.
• Shorten your term to pay the home off sooner.
• Switch from adjustable to fixed before an adjustment.
• Take cash out for renovations, debt payoff, or investing.

Does it make sense?

The key number is the break-even: closing costs divided by monthly savings. If you will keep the loan longer than the break-even, a refinance usually pays off. Run it in the refinance calculator.

We watch rates for you

Not the right time yet? Tell us your target and we will reach out when the market gets there.