Where can I refinance?


You can refinance home mortgage loans with any lender – you don’t have to stay with your current one. A refinance is a new start – you take out a new mortgage, your new lender pays off your old one and you go forward from there.

It’s a good idea to shop around to find the best place to refinance home loans – where you can get the best refinance mortgage rates and terms. Home refinance programs and options can vary greatly. You want to compare offers from at least three different lenders, and perhaps even more.

When shopping around for a refinance lender, you want to do more than just compare refinance rates. You need to take into account the fees and other terms as well. A convenient way to do this is by looking at the APR, which is a way of expressing the total cost of a loan in terms of an interest rate. It’s a good place to start but isn’t 100 percent accurate, particularly if you expect to sell the home or refinance again in a few years.

Most lenders allow you to shop for a mortgage online these days. Home refinance rates today are commonly listed online, which makes it easy to obtain and compare rate quotes from multiple lenders. Many can even do the entire application process online as well, which can greatly simplify the process – you can submit your documentation, receive updates, get and respond to requests for additional information – the works. The lender doesn’t even need to have an office in your community –the closing is often handled at the office of an attorney or title company.

A convenient way to get started is by submitting a request for personalized rate quotes using the form at the top of this page. You’ll quickly receive quotes for refinance rates from up to three lenders tailored to your personal situation, allowing you to easily compare offers in real time and see which one is best for you.

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