Refinance
Lower your rate or unlock your equity
Refinancing can reduce your monthly payment, shorten your loan term, or give you access to cash from your home's equity. With rates changing frequently, now may be the right time to review your options.
Key Advantages
Why Choose a Refi?
Here's what sets this loan product apart and who it works best for.
Lower Your Rate
Reduce your interest rate to decrease your monthly payment and save thousands over the life of the loan.
Cash-Out Option
Access your home's equity as cash for renovations, debt payoff, or investments.
Shorten Your Term
Move from a 30-year to a 15-year mortgage to build equity faster and pay less interest.
Remove PMI
If your home has appreciated, you may qualify to eliminate private mortgage insurance.
Calculator
Refinance Calculator
Compare your current loan to a potential refinance and see your savings.
New Loan Term
Current Payment
$2,447/mo
New Payment
$2,212/mo
Monthly Savings
+$235/mo
Est. Closing Costs
$5,250
Break-Even
23 mo
Est. APR (new loan)
6.646%
Calculator results are estimates only and do not constitute a loan offer, pre-approval, or commitment to lend. Actual terms may vary.
Eligibility
Qualification Requirements
General guidelines for Refinance eligibility. Requirements vary by lender and scenario.
| Requirement | Guideline |
|---|---|
| Minimum Credit Score | 620+ |
| Existing Mortgage | Must have a current mortgage to refinance |
| Home Equity | Typically 20%+ for best rates; cash-out up to 80% LTV |
| Documentation | Income, assets, and property appraisal |
These are general guidelines only. Specific program requirements may vary. Contact us for a personalized review of your scenario.
FAQ
Frequently Asked Questions
Common questions about Refinance loans.
Get Started Today
Ready to explore Refinance?
Answer a few quick questions and get a personalized strategy recommendation — including whether Refi is right for your situation.
West Capital Lending, Inc. is an Equal Housing Lender. We do not discriminate on the basis of race, color, religion, national origin, sex, handicap, or familial status.
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