A refinance can lower your payment, free up equity or pay off higher-interest debt. I’ll show you the penalty, the new rate and the net savings before you decide, compared across 50+ lenders (banks, credit unions and private lenders).
- Borrow up to 80% of your home’s value on a conventional refinance
- Your break penalty worked out up front, so you know if it’s worth it
- Free for most refinances: the lender pays me, and any fee is disclosed in writing first
Or call 226-242-1969.
Send me the basics
How it works
- Send me the basics: your balance, rate, maturity date and what you want the money for.
- I run the numbers: penalty, new rate, new payment and net savings across 50+ lenders.
- You decide: refinance now, wait for renewal, or leave it alone. If it doesn’t pay, I’ll tell you.
Is breaking your mortgage worth it?
It comes down to three numbers: your prepayment penalty, the new rate, and what you save over the rest of your term. Big-bank fixed mortgages often use an interest rate differential (IRD) penalty that can run into the thousands. Monoline lenders usually charge less. If your renewal is less than a year away, waiting may beat breaking now.
FAQ
How much can I borrow?
Up to 80% of your home’s appraised value, minus what you owe. Your income and credit still have to support the new payment.
Do I have to re-qualify?
Yes. A refinance is a new application, including the stress test.
What does it cost?
Usually a prepayment penalty on your current mortgage, plus legal and appraisal costs, which some lenders cover. You’ll see every cost before you decide.
Is a HELOC an option instead?
Sometimes. A HELOC can sit beside your mortgage, up to 65% of your home’s value. I’ll show you both side by side.
Get your refinance review
Or call 226-242-1969.