All loans
Home loan
Lower your rate, shorten your term or switch to fixed. We show the break-even month up front.
Time to fund
18 days on average
Overview
Know your break-even month first
Refinancing has closing costs, so it only pays off after a certain month. We work out that month before you apply and show it next to your new payment. If refinancing does not save you money, we will tell you.
You can use a refinance to get a lower rate, pay off your loan sooner, switch from adjustable to fixed, or take cash out for big costs.
One advisor, start to finish
Your advisor orders the appraisal, keeps your current lender in the loop and makes sure there is no gap between your old loan and the new one.
Good for
Getting a lower rate
Paying off your mortgage sooner
Switching from adjustable to fixed
Taking cash out for renovations
Who qualifies
At least 20% equity for the best rates
Credit score of 620 or higher
Six months of on-time payments
Steady income for two years
What you will need
Photo ID
Driver license or passport
Current mortgage statement
Most recent month
Pay stubs
Last 30 days
Tax returns
Last two years
Homeowners insurance
Current policy page
Loan facts
Rate type
Fixed or adjustable
Term
10 to 30 years
Amount
$80k to $2.5M
Fees
$0 broker fee
Time to fund
18 days on average
Soft check only. It does not affect your credit score.
Calculator
Run the numbers.
Start from today’s rate, then change the amount, rate or term. The payment updates as you move.
Questions
Questions about this loan.
Fine print
Representative example: borrowing $380,000 over 25 years at 5.94% (6.05% APR) costs $2,434 a month. Total amount payable $730,328, including $350,328 interest. Your rate depends on your credit profile and circumstances.
