Mortgage Refinance

Mortgage refinancing involves replacing your current mortgage with a new one, typically to secure a lower interest rate, reduce monthly payments, or change loan terms.

Your credit score, loan-to-value ratio, debt-to-income ratio, and the current market rates. The better your financial profile, the better rate you'll typically qualify for.

Usually 30-45 days from application to closing, though it can be faster with streamline programs.

Typically 2-5% of your loan amount. That includes things like the appraisal, title insurance, and lender fees.

When the numbers work in your favor. That usually means when you can get a meaningfully lower interest rate, when you need to change your loan terms, or when you want to access your home's [...]