Refinance your mortgage and save with lower rates.
Whether you’re looking to lower your monthly payments, pay off your loan faster, or finance a significant expense, AxRate provides the expertise and resources to help you achieve your goals through refinancing. With a range of refinancing options, competitive rates, and easy-to-use tools, AxRate simplifies the refinancing process for all homeowners.
Rate vs. Term Refinancing
Rate vs. Term Refinancing is one of the most common types of refinancing. Homeowners typically choose this option to either reduce their interest rate, change the length of their loan, or both.
Rate Reduction: One of the primary reasons homeowners refinance is to lower their interest rate. A lower rate can translate to significantly lower monthly payments and reduce the overall amount paid in interest. If market rates are lower than your current mortgage rate, it may be a great time to refinance with HomeEase and lock in a lower rate.
Term Adjustment: Changing the term of your mortgage can also be beneficial. For example, switching from a 30-year loan to a 15-year loan will allow you to pay off your mortgage faster and save on interest. On the other hand, extending your loan term from 15 to 30 years can lower your monthly payments, offering financial flexibility in the short term.
Cash-Out Refinancing
Cash-Out Refinancing allows homeowners to tap into the equity they’ve built in their homes by replacing their existing mortgage with a new, larger loan.
Access to Home Equity: If your home has appreciated in value or you’ve paid down a significant portion of your mortgage, you may have substantial equity that you can convert into cash. With cash-out refinancing, you can take out a new loan for more than you owe on your current mortgage and receive the difference as cash.
Flexible Usage: The funds from a cash-out refinance can be used for virtually any purpose. Many homeowners use the cash for renovations or home improvements, which can increase their home’s value.
Testimonials
See How Much You Can Save
AxRate offers a range of refinancing solutions designed to fit every homeowner’s needs. Whether you want to lower your monthly payments, pay off your mortgage faster, or access cash for major expenses, AxRate provides the tools, expertise, and resources to help you achieve your refinancing goals.
With a range of refinancing options, competitive rates, and easy-to-use tools, AxRate simplifies the refinancing process for all homeowners.
Quick Links
Connect with Us
- 375 5th Ave, 4th Floor, New York, NY 10016
- (888) 919-2508