Need a lower interest rate?

Lowering your mortgage interest rate can result in thousands of dollars saved over the life of your loan. Refinancing your current mortgage is the most common way to make that happen—but timing and loan structure are everything. Here’s when and how to do it right.

• Interest rates have dropped at least 0.5%–1% below your current rate.
• Your credit score has improved significantly since your original loan.
• You’re planning to stay in your home long enough to recoup closing costs.
• You want to switch from an ARM to a fixed-rate loan.
• Your income or debt ratio has improved, increasing your approval odds.

• Fixed or adjustable-rate options
• May eliminate PMI with 20% equity
• Flexible loan terms (10, 15, 20, or 30 years)

Even a 1% drop in your interest rate can lower your payment by hundreds per month depending on your loan size. Our team will run the numbers for you and compare options to maximize your savings.