Rate & Term Refinance
Make Your Mortgage Work For You
With interest rates near historical lows, it is a perfect time to look at lowering your monthly payments or shortening the term of your current loan. Even if you think the rate may not make that much of a difference, give your Mortgage Consultant the opportunity to run the numbers and see if you can make your mortgage work for you.
Why Should I Refinance?
Many homeowners look to refinance when the interest rates decline or they have a change in financial circumstances. Refinancing is done to save money by obtaining a lower interest rate and/or reducing the term of the loan. Refinancing can also be done to convert an adjustable-rate loan to a fixed-rate loan or to consolidate debts. Our experienced mortgage consultants can help you make an informed decision.
Convenience You Can Trust
At Cambria Mortgage our primary goal is to make it easy for you to finance or refinance your home with innovative mortgage solutions, highly competitive rates, and personal hometown service.
Get More Information
Contact us today to learn more about how you can lower your rate and/or shorten the term of your loan. We are here to answer all your questions and provide you with the best products and service available.
Refinance FAQs
What is a cash-out refinance?
If you have enough equity in your property, you can refinance with a loan amount greater than your current mortgage and keep the difference in cash. You can use the money for home improvement, debt consolidation or any other need you may have.
Why would I want to refinance my current loan?
Many homeowners look to refinance when the interest rates decline or they have a change in financial circumstances. Refinancing is done to save money by obtaining a lower interest rate or reducing the term of the loan. Refinancing can also be done to convert an adjustable-rate loan to a fixed-rate loan or to consolidate debts. Our experienced mortgage consultants can help you make an informed decision.