Refinancing a mortgage can be used to support a wide range of financial costs and goals at various points of homeownership. By using a Refinancing, eligible borrowers could:

• Reduce a loan’s term

• Obtain a lower interest rate

• Tap into home equity

• Eliminate mortgage insurance

Refinancing can provide powerful benefits, but it comes with trade-offs. Take time to research refinancing options and your financial situation before making any decisions.

Our eGuide gives you a roadmap of refinance options—from start to finish.