Conventional Refinance
Refinance into a conventional loan to pursue a lower rate, a shorter term, a more stable payment, or to drop mortgage insurance once you've built equity.
Benefits
Why refinance into a conventional loan
Pursue a better rate or term
Refinancing can help you lower your rate, shorten your term, or move from an adjustable to a fixed payment.
Drop mortgage insurance
Once you've built sufficient equity, refinancing into a conventional loan can eliminate mortgage insurance.
Consolidate and simplify
Replace your current loan with terms that better fit where you are now.
Flexible across property types
Conventional refinances work for primary homes, second homes, and investment properties.
Good fit?
Is a conventional refinance right for you?
Not sure if this is the right program? Get a free quote and a loan officer will help you compare your options.
Start my free quote- You want to lower your interest rate or monthly payment
- You'd like to shorten your loan term and build equity faster
- You've built equity and want to remove mortgage insurance
- You want to switch from an adjustable-rate to a fixed-rate loan
The process
How it works
Start your quote
Tell us about your current loan and your goal — a lower payment, a shorter term, or cash from your equity.
Review your options
Your loan officer lays out the refinance paths that fit, with the trade-offs explained in plain language.
Lock in your terms
Once you choose a direction, we handle the paperwork and keep the process moving.
Close and start saving
Sign your new loan and put the benefit — lower payment, faster payoff, or cash in hand — to work.
Questions
Frequently asked questions
What does it mean to refinance?
Refinancing replaces your current mortgage with a new one — ideally with terms that better fit your goals, such as a lower rate, a different term, or removing mortgage insurance.
When does refinancing make sense?
It often makes sense when rates have moved, your credit or equity has improved, or your goals have changed. We'll help you compare the costs against the benefit for your situation.
Are there costs to refinance?
Refinancing generally involves closing costs. We'll lay them out clearly so you can weigh them against your monthly savings or other goals before you commit.
How long does a refinance take?
Timelines vary based on your situation and documentation, but your loan officer will give you a clear expectation up front and keep you posted throughout.
Do I need a new appraisal?
Many conventional refinances require an appraisal to confirm your home's value, though some scenarios qualify for alternatives. We'll tell you which applies to you.
Ready to get started?
Get your personalized quote in a few minutes — no obligation, no impact to your credit to start. A loan officer will help you take it from there.