If the math works, we move. If it doesn't, I'll tell you.
There are a dozen reasons to refinance and a dozen ways to do it. I run every scenario against your current loan and show you which one actually makes sense for your situation.
Overview
Refinancing replaces your existing mortgage with a new one. The reasons vary. The goal is always the same: put your loan in a position that serves you now, not where you were when you first closed.
Some refinances are obvious. Rates dropped and you locked too high. Some are strategic. You need cash from your equity, you want to drop mortgage insurance, or your life changed and the loan needs to change with it. Some are defensive. You're restructuring debt before it gets worse.
I run every refinance through a simple test: total closing costs divided by monthly improvement equals months to break even. If the number makes sense and you're staying long enough, we move. If it doesn't, I tell you what rate you'd need to see before it does.
Types of Refinance
Common Reasons to Refinance
How I Handle This
I pull your current loan details: rate, balance, term remaining, PMI status, property value estimate. Then I run every viable refinance path against your current position. Rate and term. Cash-out. Streamline. Second lien. Debt consolidation. Side by side.
The break-even calculation tells you exactly how long it takes to recoup closing costs. If you're staying in the home past that date, the refinance makes mathematical sense. If you're not, I tell you that instead of closing a loan that costs you more than it saves.
Questions I Get
How do I know if refinancing is worth it?
The break-even test. Total closing costs divided by monthly improvement. If you're staying in the home longer than that number of months, it works. I calculate it for you.
Do I need an appraisal?
Depends on the program. FHA Streamline and VA IRRRL often skip it. Conventional refinances sometimes qualify for an appraisal waiver. I check before we start.
Can I refinance to remove my ex from the mortgage?
Yes. This is one of the most common refinance scenarios I handle. The new loan is in your name only, the old one pays off, and the title transfers. I coordinate with the attorneys. Divorce mortgage details →
Should I do a cash-out refi or a HELOC?
Depends on your current rate, how much equity you need, and whether your first mortgage rate is worth preserving. If your first is well below today's market, a second lien usually makes more sense. I run both and show you the comparison. Home equity details →
Can I refinance an investment property?
Yes. Both conventional and DSCR refinances are available for investment properties. DSCR doesn't require income documentation: just the property's rental income. DSCR details →
Thinking about refinancing?
Send me your current loan details. I'll run every scenario and tell you straight whether the math works.