Refinance

Fees and interest rates also need to be considered when calculating if your new mortgage will save you money over the entire life of the loan. A licensed loan officer will be able to help you decide if refinancing is right for you. We’ll help you calculate at which point you will break even and begin to save.

Changing the term on a mortgage loan (for example, from 30 years to 15 years mortgage) can help you achieve specific financial goals. Shortening your term may help you avoid penalty clauses if you plan to pay off your loan early. With a shorter term, you will pay less interest over the life of your loan. You may also be able to extend your repayment term if needed.

Consolidating multiple debts into one easy-to-manage home loan can make life easier and potentially save you money, particularly if other debts feature higher interest rates.

Converting your existing loan from an adjustable-rate mortgage into a fixed-rate mortgage will provide you with fixed monthly payments that remain the same throughout the duration of the loan.

Converting multiple mortgages into one mortgage can make repayment simpler and potentially save you money.

With a cash-out refinance loan, you can get access to funds for home improvements, college tuition, or unexpected medical expenses. The purpose of this type of loan is to extract equity from your home.