Refinance

Ready to lower your mortgage payment? Refinancing while rates are low is a great opportunity to turn your current fixed-rate loan or ARM (adjustable rate mortgage) into a lower monthly payment. If you’re currently paying PMI (private mortgage insurance), you may be able to refinance and eliminate that cost, depending on how much equity you have in your home. Eliminating your PMI and reducing your interest rate can result in lower cost over the lifetime of your loan and a lower monthly payment, which means more money to spend on the things that matter to you most.

Lowering your current home loan isn’t your only option when it comes to refinancing. You can refinance and use your home equity for home improvements or to make major purchases. You can also reduce your loan term or consolidate your debt using a home refinance loan. There are plenty of ways that refinancing can help you and your family, and we’re here to help. Even if you didn’t get your original mortgage with FBC Mortgage, you can still refinance with us! We make it fast and easy with our in-house underwriting, processing, closing and decision making. Talk to one of our mortgage professionals to learn about the benefits of refinancing today.