🔁 Refinancing
Refinance when the math says so — not when an ad does
A refinance is just replacing your current mortgage with a better one — better rate, better term, or better structure. The key word is better: Cole runs the real break-even math with you, and if refinancing doesn’t genuinely help, he’ll be the first to say keep what you have.
Is this you?
Refinancing tend to be a great fit for…
- Homeowners whose rate is meaningfully above today’s market
- FHA borrowers with 20%+ equity who can drop mortgage insurance
- Owners consolidating higher-interest debt into home equity
- Anyone shortening a 30-year into a 15- or 20-year term
Questions friends actually ask
Refinancing: straight answers
When does refinancing actually make sense?
When your total savings outlast your costs. The break-even test: divide your closing costs by your monthly savings — that’s how many months until the refinance pays for itself. If you’ll stay in the home well past that point, it’s worth a real look.
Can refinancing remove my FHA mortgage insurance?
Often, yes. If you have roughly 20% equity, refinancing from FHA into a conventional loan can remove mortgage insurance entirely — sometimes saving hundreds a month even when the rate barely changes.
What does it cost to refinance?
Typical closing costs run 2–3% of the loan amount, and they can often be rolled into the new loan. Cole shows you the full cost, the monthly savings, and the break-even point side by side, so the decision makes itself.
Keep exploring
Conventional Loans
The workhorse of home financing — flexible terms, competitive costs, and down payments as low as 3% for first-time buyers.
Learn more →FHA Loans
The first-time buyer favorite — 3.5% down, friendlier credit requirements, and forgiving guidelines for real-life finances.
Learn more →VA Loans
For those who served — $0 down, no monthly mortgage insurance, and some of the strongest terms in all of lending.
Learn more →Not sure if refinancing are right for you?
That’s literally what Cole is for. One conversation, all your options side by side, zero pressure to move forward.