Refinancing your mortgage could save you money, help you pay off your home faster, or unlock the equity in your home – if the time is right. Knowing your refinancing options is key to gaining the maximum benefit from your decision.

Cash-out refinancing is a way to access cash as you refinance your home, allowing you to benefit from the equity in your home by getting cash at closing. With this option, your existing mortgage and any liens on your property are paid off and replaced with a new mortgage, giving you funds to meet your financial goals.

Rate and term refinancing is a loan that may lower your interest rate or monthly mortgage payment, or may let you pay off your home sooner with a shorter loan term. It may be a good option regardless of who your current mortgage is with, and might be right for you if you are looking to stay in the property.

Streamline refinancing is a fast, economical way to refinance your home, allowing you to speed up the refinance process and make it possible to lower your current monthly mortgage payment, reduce your loan term, or qualify for a lower interest rate.