Rate & Term Refinance
Lower your interest rate, change your loan term, or switch from an adjustable-rate to a fixed-rate mortgage without taking cash out.
Benefits
- Lower your monthly payment
- Reduce your interest rate
- Shorten your loan term to build equity faster
- Switch from ARM to fixed-rate for stability
- Remove mortgage insurance
Things to Consider
- !Closing costs typically range 2-5% of loan amount
- !Consider break-even point for savings
- !May need new appraisal
- !Credit and income verification required
Is Refinancing Right for You?
Let Shawn Pagano analyze your current situation and help you determine if refinancing makes sense for your goals.