Shorten My Term

Lower Your term and Pay Less Interest

Refinancing to a shorter term is the right move for some homeowners. Home-owners can save more money in interest with a short term loan. People who are embarking on a planned reduction of income, like retirement, there also might be a desire to eliminate future monthly expenses, like a mortgage payment.

Reduce Your Term and Pay Roughly the Same Amount Every Month

If you have as little as 2 years equity built in you home you may be able to refinance to a shorter term with a lower rate. Imagine paying off your home earlier and saving thousands in interest without a big hit on your monthly payment.