Refinance
Mobile version of the Meridian Home Mortgage Corp logo.
A lot changes over the years you own a home. A refinance allows you to pick a new loan that fits your needs today.
How It Works
A refinance pays off your existing mortgage and allows you to choose a new loan program and term that best serves you today.
What Are My Options?
Typically, homeowners choose between cash-out and basic refinances. Which option addresses your needs?
Cash-Out Refinance
Get a new loan with a new rate and term that allows you to take out some of your home’s equity.
-
Pay off your credit card debt.
-
Consolidate your monthly bills into one lower payment.
-
Fund home improvements, college tuition, or anything you need.
-
Create an emergency savings account for you and your family.
Basic Refinance
Get a new loan with an updated rate and term. This changes your monthly payment and payoff date.
-
Lower your monthly mortgage payments by adjusting your rate and term.
- OR
-
Pay your loan off faster by decreasing your term and increasing your payments.
By refinancing your existing loans, your total finance charges may be higher over the life of the loan.
The Refinance Process
Our Loan Officers have collectively closed over a billion dollars' worth of home loans.
1
FILL OUT A QUICK FORM
2
SUBMIT DOCUMENTS
3
APPRAISE
HOME
4
LOCK-IN YOUR RATE
5
CLOSE YOUR LOAN
Explore the Loan Types
Conventional
Loan
VA
Loan
VA
Streamline
Loan
FHA
Loan
FHA
Streamline
Loan
Jumbo
Loan
Frequently Asked Questions
Get answers to these questions and more by visiting our FAQ page.
Do you know your refinance goals? Weigh your refinance options with a licensed expert. Our Loan Officers have gone through hours of education and training to be licensed in your state.
