What you need to know about refinancing

Refinancing your home with a rate-and-term loan is when you replace your current mortgage with a new home loan. This new mortgage will come with different terms, a new interest rate, and a new monthly mortgage payment that is typically more affordable in the long run. Homeowners often look into this option when there is a drop in market interest rate to lower monthly mortgage payments. 
 
There are also specific refinance options available for FHA and VA mortgages. Talk to a Certainty Home Loans Loan Officer to evaluate your mortgage refinance options and find the best possible solution for your short and long-term financial goals.

*Certainty Home Loans is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the Federal government.