Refinance

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Exploring your refinance options

Lower your rate: Rates are still at a historic low! If you have an interest rate above 5%, you may want to consider refinancing. Currently, the national average for a home loan is $222,261 with a $1,061 average monthly payment for a 30-year mortgage at 4 percent. If you want to take advantage of these fantastic rates, contact one of our loan officers today. Your loan officer can help provide you answers and give different refinance scenarios to help you make the best decision.

Shorten your Term: If you have a 30 year mortgage term, you may want to consider shortening your term to a 10 or 15 year. Shortening your term could not only lower your interest rate, but you will also pay less over the life of the loan. Call one of our loan officers today

Cash-out: You’ve put a lot of money into your home, now it’s time to get some of that back! Whether you have a major purchase coming up (for instance, a swimming pool, or kitchen make-over) or you just want to go on that dream vacation, a cash-out refinance might be a good option for you. This option is very popular for those who have built up equity in their home over years. Call one of our loan officers today to see if a cash-out is a good option for you.