What You Need to Know About a Mortgage Refinance
There are several options when it comes to refinancing, and what’s best for you depends on your goals.
- Cash-Out Refinance allows you to use the equity you've built in your home for things you need.
- Rate Term Refinance allows you to refinance at a lower rate and reduce monthly payments. Or, refinance to shorten the term of your loan and pay less interest over time.
- VA Refinance is specifically for active-duty military members or veterans. Finance up to 100% of the value of your home, access cash through the equity you've built, or choose an Interest Rate Reduction Loan with no appraisal required.
If you’re not sure what option is best, talk with one of our loan advisors
about your situation. They’ll recommend some options that may work for you.
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