Services / Refinance
Common reasons to refinance:
To lower your monthly payments
To pay off your loan faster by change the shorter term
For the security of a fixed rate loan from ARM
To move to an ARM for short-term savings
To take cash out of your home's equity for remodeling or new business or college tuition
To eliminate mortgage insurance

Refinancing to lower your monthly payments (Example)

  Current Loan Refinance
Loan Amount $300,000 $300,000
Rate (30 Year Fixed) 7.00% 5.50%
Payment (Principal + Interest) $1,995.91 $1,703.37
Monthly Saving   $292.54

These sample loans are for illustration purposes only and are not a rate quote, pre-approval, or commitment to lend. By refinancing your existing loan, total finance charges may be higher over the life of loan.