Refinancing Can Save You Money By refinancing your mortgage, you can keep more money in your wallet every month to spend on the important things. Apply Now Refinancing a mortgage means paying off an existing loan and replacing it with a new one. R Being able to refinance into a lower interest rate is one of the best reasons to refinance. R When interest rates drop, consider refinancing to shorten the term of your mortgage and pay significantly less in interest payments. R Switching to a fixed-rate mortgage can make sense depending on the rates and how long you plan to remain in your current home. R By refinancing, you can also tap into equity or consolidate debt. Contact Us