Mortgage Refinancing

Refinance Options

Pick the type that works for you. We’re licensed in CA and OR to get you the right deal.

• Rate and Term: Cut your interest rate or tweak the term to ease up monthly costs. Great if rates have dipped.
• Cash Out: Pull some equity from your home for fixes, paying off debt, or whatever comes next. No need for a whole new loan.
• VA IRRRL Streamline: For Veterans, this is quick with less hassle. Often skips the appraisal and credit check.

Eligibility Basics

Plenty of homeowners qualify if you’ve got equity and keep up payments. Here’s the quick rundown:

• Equity: 20 percent or more for conventional (less for VA or FHA).
• Credit: 620 or higher to start.
• DTI: Under 43 percent usually, though some lenders stretch further for solid cases.

We’ll check your setup for free. No strings.

Our Refinance Process

1. Free Review: We look at your loan and spot the savings.
2. Apply and Docs: Send over the essentials; we’ll lock your rate.
3. Appraisal and Underwriting: Value your home and get the green light (whole thing takes 30 to 45 days).
4. Close and Save: Sign on the dotted line, get the funds, and watch those payments drop.

Closing costs run 2 to 5 percent of the loan, but you can roll them in or see them pay for themselves fast.

Savings Spotlight

Jump on low rates now: A $300K loan from 7 percent to 6 percent knocks off about $200 a month. We’ve seen folks break even in just a few months.