Mortgage Refinance
Reduce your monthly payments when you refinance with us.
Refinancing Can Reduce Your Costs
Learn what cost-saving benefits we have available for you.
Big Benefits of Refinancing Your Mortgage With Us
Shorter Loan Term
Refinancing from a 30-year to a 15-year mortgage can help you pay off your home faster and potentially save on interest.
Get a Fixed-Rate Mortgage
Switch from an adjustable-rate mortgage (ARM) to a fixed-rate mortgage for more predictable payments.
Cash-Out Refinance
You can access your home equity in cash (e.g., for renovations, debt consolidation, or large purchases).
Remove Private Mortgage Insurance (PMI)
If your home has increased in value and you now have more than 20% equity, refinancing can help eliminate PMI from your monthly payment.
Debt Consolidation
Combining high-interest debts (like credit cards) into a mortgage can lower your overall interest costs.
Mortgage Loan Rates
See all rates.
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Type |
Term |
Fixed Rate (APR) As Low As* |
|---|---|---|
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*APR is defined as Annual Percentage Rate. Rates effective June 15, 2023. Rates are based on an evaluation of your credit history, so your rate may differ. Rates, terms and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. To qualify for most favorable rate, mobile homes can be up to 15 years of age. Payment example based on a $40,000 loan: $840.14 at 9.49% APR for a 60 month term; $674.50 at 10.49% APR for a 84 month term; and $480.12 at 11.99% APR with a 180 month term. |
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Type 2015 and newer |
Term Up to 60 months |
Fixed Rate (APR) As Low As* 9.49% |
|
Type 2015 and newer |
Term 61-84 months |
Fixed Rate (APR) As Low As* 10.49% |
|
Type 2015 and newer |
Term 85-180 months |
Fixed Rate (APR) As Low As* 11.99% |
|
Type 2014 and older |
Term Up to 60 months |
Fixed Rate (APR) As Low As* 10.49% |
|
Type 2014 and older |
Term 61-72 months |
Fixed Rate (APR) As Low As* 11.49% |
|
Type 2014 and older |
Term 73-144 months |
Fixed Rate (APR) As Low As* 12.99% |
|
Type |
Term |
Rate (APR)* |
|---|---|---|
|
*APR is defined as Annual Percentage Rate. Rates effective September 22, 2025. Rates are based on an evaluation of your credit history, so your rate may differ. Rates, terms and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. Monthly payment example based on a $125,000 loan: $1998.11 at 4.74% APR with a 72 month term; $1,155.61 at 4.99% with a 144 month term; and $1020.86 at 5.49% APR with a 180 month term. Equal housing lender. |
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Type First Mortgage |
Term Up to 72 months (Balloon) |
Rate (APR)* 4.74% |
|
Type First Mortgage |
Term 73-144 months |
Rate (APR)* 4.99% |
|
Type First Mortgage |
Term 145-180 months |
Rate (APR)* 5.49% |
|
Type Second Mortgage |
Term Up to 72 months |
Rate (APR)* 5.99% |
|
Type Second Mortgage |
Term 73-144 months |
Rate (APR)* 6.49% |
|
Type Second Mortgage |
Term 145-180 months |
Rate (APR)* 6.99% |
|
Term |
Rate |
|---|---|
|
*APR is defined as Annual Percentage Rate. Rates effective September 22, 2025. Rates are based on an evaluation of your credit history, so your rate may differ. Rates, terms and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. Monthly payment example based on a $25,000 loan: $420.14 at 6.49% APR with a 72 month term; $263.71 at 7.49% APR with a 144 month term. Our APR may differ based on your loan amount, repayment method, and other factors. Equal Housing Lender. |
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Term Up to 72 months |
Rate 6.49% APR* |
|
Term 73-144 months |
Rate 7.49% APR* |
When Life Happens, We Are Here To Make Sure Your Finances Are Protected
We offer affordable plans to protect your loans, credit history, and financial health in case of loss of life, disability, or involuntary unemployment.
FAQs
Fixed Rate Mortgages are designed for long-term ownership and for homeowners who want to eliminate all risk of future interest rate adjustments. ARM mortgages are for homebuyers who want to lower their payments for a specified period of time. Balloon rate mortgages typically have a shorter term with lower initial payments, but require a larger lump sum payment at the end of the term. The difference between a Fixed Rate and ARM is based upon your plan to live in the property, the interest rate risk you are willing to take, and the mortgage payment that you are comfortable paying each month.
Mortgage insurance offers protection for the mortgage lender in the unlikely event of a default on the mortgage. Mortgage insurance is NOT insurance for the homebuyer. It is a separate insurance from homeowner’s insurance or life insurance. Mortgage insurance premiums are paid by the homeowner, and are required on loans that have a loan to value ratio above 80% (for example, a loan with less than a 20% down payment). FHA mortgages always require mortgage insurance.
Our mortgage team strives to make your approval process as easy as possible! Typically, there are 3 steps in the mortgage approval process.
- Submit a credit application through us. We will then pull your credit and make an initial underwriting decision.
- We will review your employment status and history, income, and asset information for an initial loan approval.
- Finally, we will review the specifics of the property you are financing, including the appraisal, title insurance, homeowners insurance, sales contract, and other items needed to determine the viability of the home being purchased or refinanced.
Typically, this process takes about 2 – 3 weeks. The key to a successful approval is providing all requested financial information to our mortgage lender as soon as possible!
Each loan scenario is different, and full approval will be contingent upon specific needs you have for the home purchase or refinance. However, we recommend you have the following items ready to help our lenders through the approval process:
- Recent pay stubs
- Last 2 years’ W-2 forms
- Last 2 years’ tax returns (if you are self-employed or commission-based)
- Last 60 days’ worth of bank statements
- Last 60 days’ worth of any stock/bond/money market account statements
- Bankruptcy discharge papers (if applicable)
- Divorce decree and/or separation agreement (if applicable)
PITI stands for Principal, Interest, Taxes, and Insurance. This is an acronym used to signify the total mortgage payment. PITI will also include Mortgage Insurance payments and HOA payments (if applicable). This is the figure that lenders use to calculate your qualification when determining your ability to purchase the home.
Interest Rates can be locked once the initial application is completed, the property is under contract (purchase only), and when you commit to do business with us as a lender. Interest Rate locks are valid for a set period of time from when you initially locked. Longer lock periods are available with a nominal increase to the overall mortgage cost.
A Seller Concession is a contribution from the seller that you can use towards closing costs and pre-paid escrow (taxes, insurance, interest). FHA loans also allow seller concessions to compensate for down payment assistance. Most loan programs have limits to the seller concession based upon the overall loan structure. This is a great tool to limit your down payment and cash needs at the closing.
APR stands for Annual Percentage Rate. This figure represents the overall yield the lender will earn on the mortgage through the full amortization. This includes the interest rate, prepaid interest, and any mortgage related fees paid by you at the closing. It is important to understand that the APR is not the interest rate and will always be slightly higher than the locked-in interest rate.
Your affordability is based upon an analysis of your gross monthly income and the monthly debts that you are currently paying. There are 2 different “debt to income” ratios that lenders will analyze. The first or “Housing Ratio” is a comparison of your monthly mortgage payment divided by your gross monthly income (before taxes). The second or “Total Debt Ratio” is a comparison of all your projected monthly payments (including mortgage) divided by your gross monthly income. Typically, lenders want the “Housing Ratio” to be at or below 30% and the “Total Debt Ratio” at or below 40%. However, every loan scenario is different and these percentage numbers should be used as “benchmark” figures. The most important figure to determine your affordability is your “comfort zone” of a monthly PITI payment.
A pre-payment penalty is a charge that the lender imposes if your mortgage loan is paid off within a certain amount of time. Typically, pre-payment penalty loans are niche oriented and are only required in certain circumstances. Pre-payment penalties can also be used to lower the overall APR of the mortgage loan. The key is to determine up front if your loan will have a pre-payment penalty.