Get More Control Over Your Mortgage

One of the most common reasons homeowners choose to refinance is to lower their interest rate. When you refinance your mortgage at a lower interest rate, you could lower your monthly payments or pay off your loan sooner. If you are eligible to refinance your mortgage, the original terms of your loan will be adjusted into your new loan terms. This could mean an improvement for your interest, your mortgage balance, and your monthly private mortgage insurance rates. In some cases, you may potentially be eligible to eliminate your mortgage insurance entirely. 

Other common reasons to refinance may include:

  • The value of your home has gone up since the original loan was obtained
  • Your credit score has significantly improved
  • Converting adjustable-rate mortgages to fixed-rate mortgages
  • Consolidating debt through refinancing
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LOWER YOUR PAYMENTS

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CONSOLIDATE DEBT

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REDUCE LOAN TERM

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MAKE HOME IMPROVEMENTS

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CASH OUT OF HOME

Why Arbor Financial?

  • Loan terms from 7, 10, 15, 20, 25 or 30 years
  • Low and no down payment options
  • Easy pre-approval and online applications
  • Local loan experts to help you navigate the process

"Having only been homeowners for a year prior to our refinance, we were a little nervous to go through the loan process. Arbor educated us on our options, walked us through the action items and communicated with us every step of the way. Kyle did an amazing job answering our constant questions and providing in depth explanations that we could understand. The entire process was smooth and timely. We were so impressed and are SO glad we made the change to Arbor Financial!" - Joe G.

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How To Refinance

If you are already a homeowner, refinancing will feel like deja-vu. The refinance process is very similar to applying for your first purchase mortgage. When you apply, you will still need to qualify for your specific type of mortgage, secure an interest rate, and cover closing costs as necessary. 

Using our mortgage refinance calculator, you can get a fairly accurate idea of what a refinanced loan may look like for you. If you have decided that refinancing is the right option, there are some simple steps to ensure that you get the most from your refinanced mortgage.

When applying to refinance your mortgage, make sure that you consider the following:
 
  1. Determining your financial goals 
  2. Shopping around for the right type of mortgage
  3. Talking to a mortgage lender for the best interest rates
  4. Securing your interest rate 
  5. Agreeing upon loan terms and finalizing your loan
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Mortgage Refinance Calculator


If you are looking for an affordable and competitive home mortgage or refinanced loan, consider getting in touch with one of our mortgage experts. Call us at 269.544.3105 or schedule an appointment today to find the loan that fits your needs.

Mortgage Loan Specials

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Mortgage Specials

Term Rate with 0 pt as low as* APR with 0 pt as low as* Rate with 1 pt as low as* APR with 1 pt as low as*
FIXED RATE SPECIALS
7 Year Fixed Special 1.740% 2.025% - -
10 Year Fixed Special 1.990% 2.193% - -
12 Year Fixed Special 2.240% 2.411%
NO MONEY DOWN & NO PMI SPECIAL
30 Year Special - No Money Down & No PMI 5.250% 5.338% 5.000% 5.177%
15 Year Special - No Money Down & No PMI 4.500% 4.648% 4.250% 4.549%
10 Year Special - No Money Down & No PMI 2.875% 3.081% 2.625% 3.042%
7 Year Special - No Money Down & No PMI 2.875% 3.081% 2.625% 3.042%

Fixed Rate Mortgages

Fixed Rate Mortgages

Term Rate with 0 pt as low as* APR with 0 pt as low as* Rate with 1 pt as low as* APR with 1 pt as low as*
30 Year 3.375% 3.454% 3.125% 3.283%
25 Year 3.250% 3.341% 3.000% 3.183%
20 Year 3.125% 3.235% 2.875% 3.097%
15 Year 3.000% 3.142% 2.750% 3.036%

3% Down Mortgages

3% Down Mortgages

Term Rate with 0 pt as low as* APR with 0 pt as low as* Rate with 1 pt as low as* APR with 1 pt as low as*
30 Year 4.375% 4.459% 4.125% 4.293%
25 Year 4.250% 4.346% 4.000% 4.192%
20 Year 4.125% 4.239% 3.875% 4.105%
15 Year 4.000% 4.146% 3.750% 4.044%

Mortgages

When it comes to the right mortgage, Arbor makes you feel right at home.

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