Lower your payments, access equity, or switch loan terms with strategic refinancing
Even a 0.5% rate reduction can save hundreds monthly and tens of thousands over the loan's lifetime, making refinancing worthwhile despite closing costs.
Cash-out refinancing allows you to tap into your home's equity for improvements, debt consolidation, or investment opportunities.
Switch from ARM to fixed-rate for stability, eliminate PMI, or change your loan term to pay off faster or reduce monthly payments.
Rate-and-term refinancing is the most common type, where you replace your existing mortgage with a new loan at a lower interest rate or different term length. Even a 0.5% rate reduction can save hundreds monthly and tens of thousands over the loan's lifetime, making refinancing worthwhile despite closing costs.
This strategy is perfect when market rates have dropped since you got your original loan, your credit score has improved significantly, or you want to switch from an adjustable-rate to a fixed-rate mortgage for payment stability.
Cash-out refinancing allows you to tap into your home's equity by borrowing more than you owe on your current mortgage. This strategy is popular for home improvements, debt consolidation, investment opportunities, or major expenses like education costs. You can typically access up to 80% of your home's current value.
Streamline refinancing programs are available for FHA, VA, and USDA loans, offering reduced documentation, faster processing, and sometimes no appraisal requirements. These programs are designed to help existing borrowers take advantage of lower rates with minimal hassle and reduced costs.
Timing is crucial in refinancing decisions. Dani monitors market conditions and helps you understand when rates are favorable for your situation. He calculates your break-even point - how long it takes for monthly savings to offset closing costs - ensuring refinancing makes financial sense for your timeline.
Beyond rate savings, refinancing can help you eliminate private mortgage insurance (PMI) if your home has appreciated, switch from an adjustable-rate to a fixed-rate mortgage for payment stability, or change loan terms to pay off your mortgage faster or reduce monthly payments.
We analyze your current loan and market conditions to determine potential savings.
We shop multiple lenders to find the best rates and terms for your situation.
Submit your application with updated financial documentation and property information.
Property appraisal and loan underwriting process, typically taking 2-3 weeks.
Sign your new loan documents and start enjoying your lower payments or cash proceeds.
Let Dani analyze your current loan and show you how much you could save with refinancing.