Put your equity and the market to work
Lower the payment, shorten the term, cash out equity or drop FHA mortgage insurance. We start with a free review of your current loan and honest break-even math, and we will tell you plainly if staying put is the better move.
Is this your situation?
- Homeowners whose rate or payment no longer fits the market or their budget
- Owners who want cash out for renovation, debt payoff or investing
- FHA borrowers who may be able to remove monthly mortgage insurance
- Owners who want to shorten their term and pay the home off sooner
- Anyone unsure what they have: the review is free either way
What this program offers
- Rate-and-term refinancing to lower the payment or shorten the term
- Cash-out refinancing for renovation, debt consolidation or investing
- Remove FHA mortgage insurance by refinancing into conventional
- Free, no-obligation review of your current loan and break-even math
- Your scenario shopped across multiple wholesale lenders
- Appraisal preparation checklist so the value comes in right
- Owner-occupied refinances include your 3-day federal right to cancel, explained up front
- Weekly status updates from application to funding
Three jobs a refinance can do
Same process, three different goals. The free review tells you which one your numbers actually support.
Rate and term: lower the payment
Replace your current loan with a better rate, a different term, or both. The balance stays put; the monthly payment or the payoff date improves. The break-even math decides if it is worth it, and we show you that math before anything else.
Cash-out: put equity to work
Increase the loan and take the difference in cash for renovation, debt consolidation or your next investment. We compare the blended cost against what the cash accomplishes, honestly, including the option of not doing it.
Remove FHA mortgage insurance
Most FHA loans carry mortgage insurance for the life of the loan. Once appreciation plus paydown puts you near 20% equity, refinancing into a conventional loan can drop that monthly charge entirely. Many owners get there sooner than they think.
Does refinancing pay off? See for yourself
The break-even tool shows the month a refinance covers its own costs and what you keep over five years. The other tabs estimate a full monthly payment, DSCR for rentals, and a maximum purchase price. Everything computes only from the numbers you type.
Estimate your monthly payment
Estimated total monthly payment
- Principal and interest$0
- Property tax$0
- Insurance$0
- PMI$0
- HOA$0
- Loan amount / LTV$0
Estimate only, not an offer of credit or a rate quote. Enter your own rate assumption; actual rates, taxes and insurance vary by scenario.
Will the rent carry the loan?
DSCR (rent divided by PITIA)
- Monthly rent$0
- Principal and interest$0
- Tax, insurance, HOA$0
- Total PITIA$0
Estimate only, not an offer of credit or a rate quote. DSCR programs qualify on the property's income, not yours. Many lenders accept DSCR of 1.0 or higher; some allow lower with adjusted terms. Short-term rental income counts on select programs.
Does refinancing pay off?
Break-even point
- Current payment (P and I)$0
- New payment (P and I)$0
- Monthly savings$0
- Savings over 5 years (after costs)$0
Estimate only, not an offer of credit or a rate quote; principal and interest compared. Resetting to a longer term can lower the payment while increasing lifetime interest; we walk through both sides in a real review.
How much home can you afford?
Estimated max purchase price
- Housing budget (monthly)$0
- Estimated loan amount$0
- Down payment$0
- Estimated total payment$0
Estimate only, not a pre-approval or an offer of credit or a rate quote. Actual qualifying depends on credit, program and full underwriting. Self-employed? Bank statement programs may qualify you for more than this estimate suggests.
All calculator results are estimates for planning purposes only and are not offers of credit, rate quotes, or commitments to lend. For exact figures on your scenario, call or text (240) 800-6688.
Four steps, no mystery
Talk
A 15-minute call about your goals and timeline. No documents needed yet.
Pre-Approve
We shop your scenario across wholesale lenders and issue your letter or review.
Lock and Process
We lock your rate at the right moment and manage every document and deadline.
Close
You sign, we fund. On time, with no surprises at the table.
Answered in plain English
When does refinancing actually make sense?
When the monthly savings pay back the closing costs within a horizon you care about. That is the break-even: if the refinance costs a given amount and saves a given amount each month, we show you the month it pays for itself. If the math does not clear, we tell you to keep your current loan.
What is the difference between rate-and-term and cash-out?
Rate-and-term changes your rate, your term or both without increasing the balance beyond costs. Cash-out increases the loan and hands you the difference for renovation, debt payoff or investing. Cash-out prices slightly higher because the loan is larger relative to the home.
How do I remove FHA mortgage insurance?
Most FHA loans today carry mortgage insurance for the life of the loan, so the practical path is refinancing into a conventional loan once you have roughly 20% equity. Appreciation plus paydown gets many owners there sooner than they think.
Will I have to pay closing costs out of pocket?
Usually not. Costs can be rolled into the new loan or offset with a lender credit in exchange for a slightly different rate. We show every option side by side so nothing is hidden in the balance.
What is the 3-day right to cancel?
On an owner-occupied refinance, federal law gives you three business days after signing to cancel. The loan funds on the fourth day. It is a consumer protection built into every refinance of a primary home, and we schedule around it so your payoff timing is never a surprise.
Do I need an appraisal to refinance?
Often yes, though some refinances qualify for an appraisal waiver, which saves money and about a week. If an appraisal is needed, you get our preparation checklist in advance so the value comes in right the first time.
Curious what your loan looks like today?
Send the basics and we run a free refinance review: new payment, costs and the month it breaks even. No obligation, no pressure.
Request My Free Refinance Review