Refinance

A Few Good Scenarios

Another reason to refinance is to use the equity in your home – perhaps for a major purchase or a child’s education. You’ve been building equity in your home since you first started making monthly mortgage payments. Part of your payment was used to pay principal - helping you build equity - and the rest was used to pay such items as interest and taxes and insurance.

Often referred to as a "cash-out" refinance, drawing on the equity in your home provides an easy way to get cash you may need for other purposes.

No matter what your refinancing scenario, you can use our Is Now a Good Time to Refinance? calculator to help you determine whether it's a good time to refinance.

Continue to Your Refinancing Options

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