Lower Your Payment
If you’ve had your mortgage a year or longer, there’s a good chance we could lower your payment. On average, our customers save $300 per month. Read on to see if refinancing could be a good idea for you.
My Mortgage is Too High – What Can I Do?
You may have several options.
Just like with insurance coverage or utility providers, it’s good to keep an eye on your mortgage payment to see whether you could lower it. Sometimes rates have gone down, your equity has increased, or maybe your credit has improved, and now you can get a different loan with lower interest.
Give us a call, and we’ll review your loan to see if you can refinance into a lower payment. If your budget is tight, you could get some breathing room by lowering your mortgage payment.
Contact UsGet a Lower Interest Rate
When refinancing, you’ll want to make sure you’re getting a lower interest rate. With a refinance, you have two basic options
- Rate & Term — with this type of refinancing, you can change the loan’s rate and term (length). We can also roll any closing costs into your loan, so there’s never any money out of your pocket. But you cannot get any extra cash out.
- Cash Out — with this type of refi, you can change the rate and terms of your loan, plus you can get cash back to use on home improvements, paying down debts, or anything else you choose.

Get Rid of PMI
If you put down less than 20% when you purchased your home, you probably have private mortgage insurance. That PMI can add $100 or more to your loan. If you have an FHA loan, you’ll have that extra cost for the life of your loan. Give us a call to see if we can get you into a new mortgage that doesn’t have PMI and also saves you money with a lower interest rate.
Refinance & Save
If you’d like to save money every month, consider refinancing your mortgage. See what our clients have to say about refinancing with Homestead.
Why Homestead?
Homestead is a top lender of mortgage loans for purchasing and refinancing. Your loan advisor can walk you through every step of the way to qualifying for a mortgage. Our rates are some of the lowest in the states we serve. Our loan advisors provide excellent service, as you can tell from our reviews. Plus, we close fast!
What they
say
about us.

Doug H. says…
I chose Homestead Financial based on the reviews I saw about them. I was not disappointed! They were very professional, proactive, and very responsive. They never left me wondering where we were at during the process. The people I worked with directly were amazing. I felt like I was always taken care of throughout the entire process, and I was given updates the whole way. I definitely recommend them to anyone who is looking to refinance their home loan!
Kathy B. says…
Oh my gosh! My experience was one in a million! Paul was fantastic to work with. He is very knowledgeable and also very personable! When the piece of mail came from Homestead, I thought, "Oh, this is a scam," but the more I looked at it, the more I went online to check it out. After the little bit of research I did, I was still afraid to call, thinking I somehow was going to get taken. I WAS SO WRONG! Glen was the first gentleman to answer the phone. He was very nice and pleasant and got me over to Loan Advisor Paul Hughes. Paul pretty much eased my nerves/fears, and when I got my first email from him, I was like, OMG...he IS real! (lol) Anyway, I am so happy. Even though right now my rate is a little higher, I still accomplished what I wanted to do and still came out ahead in the end, and it's only going to get better when he can streamline my loan after 6 months. I told him I was going to be on his trail if I hadn't heard from him in January. We both laughed, and he told me he had my name and number down to get in touch.
Sara P. says…
I had a wonderful experience working with Brian Agee. He made the whole process easy and very transparent. He was extremely responsive and always ready to answer questions. He helped us with a cash-out refinance, which allowed us to pay off debt and get into a comfortable financial position. I’m so grateful we worked with Brian and that he helped us reach our goals.
Darby B. says…
I received a postcard mailer from Homestead. After my husband and I discussed this, we reached out to Sean Ingold with Homestead on a random weeknight. Yes, a real human answered the phone! I was already impressed by this, but after talking to Sean, we were ready to take the next step. They made everything very easy. We even had a closing agent come to our home to finalize the documents. I look forward to doing business with Homestead in the future.
