There's a lot of opportunity that comes with owning a home with equity! If you're needing some extra cash in your pocket, or you want a lower payment--refinancing is a great way to do either (or both!). Take a look at the options below to give us a better idea of what you're looking to accomplish with your refinance.
If you're looking for some extra cash, your home might be the answer! A cash-out home refinance allows you to refinance your existing mortgage while taking into account your home's value and how much you owe on your loan. You may be able to take the difference out in cash to help with various things like debt consolidation, college tuition, unexpected expenses, and more!
A rate-term refinance allows you to replace your existing mortgage with a new one to change your interest rate or loan term without increasing your loan amount. This is a great option if you're looking to lower your interest rate or reduce your monthly payments.