Refinance Loans

Closing costs for a refinance typically range from 2-5% of the loan amount, covering things like appraisal fees, title insurance, and lender fees. We'll provide a clear breakdown of all costs upfront so there are no surprises.

It depends on the loan program. Conventional refinances typically look for a credit score of 620 or higher, while FHA and VA refinances may have more flexible requirements. We'll review your credit profile and let you know your options.

A cash-out refinance allows you to refinance for more than you currently owe and receive the difference in cash, which can be used for renovations, debt consolidation, or other major expenses. The amount you can access depends on your home's equity and the loan program.

Most refinances take 30 to 45 days to close, similar to a purchase loan. Because there's no home search or negotiation involved, some refinances can move slightly faster depending on appraisal scheduling and document turnaround.

It depends on the loan program and your goals. Conventional refinances generally require at least some equity, but VA loans offer the IRRRL program with minimal equity requirements, and FHA Streamline refinances have flexible guidelines as well. We'll help you find the right fit based on your situation.

Not necessarily — you can choose a new loan term that fits your goals, whether that's another 30-year term, a 15-year term to pay off faster, or anything in between. We'll walk you through how each option affects your monthly payment and total interest paid.

The best time to refinance depends on your personal goals and current interest rates compared to your existing loan — not necessarily broader market timing. We'll review your specific numbers any time you're considering it, with no pressure to move forward if it doesn't make sense yet.