Rate & term strategy

Lower your rate

Reduce your monthly mortgage payment without resetting your financial clock. Lock in market dips with precision.

Why refinance now?

Market rates fluctuate daily. If you purchased your home when rates were peaking (for example, in 2023–2024), or if your credit score has improved significantly since you bought, you may be paying more than you need to.

A rate-and-term refinance is designed purely to save you money on interest and monthly cash flow — often with little to no out-of-pocket cost.

Benefits of lowering your rate

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Increase cash flow

Free up hundreds of dollars every month for savings, investments, or day-to-day life.

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Save on interest

Lowering your rate by just 1% can save well over $100,000 in interest over the life of a loan.

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Build equity faster

With a lower rate, more of every monthly payment goes toward principal instead of interest.

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Fixed security

Switch from an adjustable-rate mortgage (ARM) to a stable 30-year fixed loan.

The savings math: rate & term

Current loan ($600k)

Rate:7.25%

Term remaining:28 years

P&I payment:$4,093

New loan ($600k)

Rate:5.99%

Term:30 years

P&I payment:$3,593

Monthly savings:$500

Example for illustrative purposes only. Actual rates vary by credit score, loan-to-value, and market conditions. Extending your term can increase total interest paid over the life of the loan.

Common questions

How much are closing costs?

Closing costs on a California refinance typically run 1–3% of the loan amount and cover the appraisal, title, escrow, and lender fees. In many cases they can be rolled into the loan or offset with a lender credit, so you bring little or nothing to the table. We show you the full breakdown before you commit.

What is the break-even point?

Your break-even point is how long it takes your monthly savings to cover the cost of the refinance. If closing costs are $6,000 and you save $500 a month, you break even in about 12 months. We run this calculation for you up front — and if the break-even is longer than you plan to keep the home, we will tell you not to refinance.

Do I need an appraisal?

Often, but not always. Some loans qualify for an appraisal waiver based on the lender’s automated valuation. If a full appraisal is required, we order it early so it never becomes the reason your closing slips.

Let us beat your rate

No obligation analysis. No hidden junk fees. If we can’t beat your deal, at least you’ll know you have the best one.

Apply now

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