Refinance Your Home

When mortgage rates are low, it could be a smart time to refinance your home loan. Before you make a decision, visit your nearest Bank Central branch. We will sit down with you and make refinancing your home loan easy.

Explore your options and homeownership goals to determine if refinancing your mortgage is right for you, and contact your local branch for more information.

Refinance My Home Find a Lender

Common Reasons for Refinancing Your Home Loan

Lower Your Monthly Payment

Lower interest rates don’t just lower your monthly payment. They’ll also help you pay less over the life of your loan. Free up funds for retirement, savings, paying off debt, or meeting other goals.

Pay Off Your Mortgage Faster

When you refinance your loan to a shorter term, you can reduce the overall cost of interest and make fewer payments over the life of the loan. If you can afford it, making higher monthly payments help you pay your loan off faster. That frees up funds for other goals, such as retirement.

Get A Fixed Mortgage Rate

If your current home loan has an Adjustable Rate Mortgage (ARM), a fixed-rate mortgage helps you lock in a new rate. Fixed-rate mortgages offer stability and protection from rising interest rates and future payment increases.

Reduce Your Interest Rate

If you have an ARM, you may want to refinance your loan to get a lower interest rate that is more stable. Use our rate watch to keep a close eye on interest rates and receive an alert when they hit your targeted rate. Lower interest rates usually mean lower monthly payments.

Consolidate Debt at Lower Rates

In addition to lowering your mortgage rate, you could also choose to consolidate other debt with higher interest rates. By combining your balances to one monthly payment, you save money over time.

Leverage your Equity

Refinancing can provide access to some of the home equity you've built up over the years, giving you a safety net of money.

Find the Home Loan to Fit your Needs

Get your packing boxes ready! Explore these mortgage loan programs - you’ll be moving
in, in no time!

Apply Now

Our Lenders