Explore your refinance options with Extraco Mortgage—whether you’re looking to lower your monthly payments, shorten your loan term or access your home’s equity for major expenses. Our experienced team guides you through every step, helping you understand your options, compare potential savings and make informed decisions that fit your financial goals.
Refinance Your Mortgage and Save
What Is Mortgage Refinancing?
Mortgage refinancing is the process of replacing your current home loan with a new one. When you refinance, you pay off your existing mortgage and start a new loan with terms that better fit your financial goals.
Why Refinance?
- Access Cash: Tap into the equity you’ve built in your home for expenses like home improvements, education or debt consolidation.
- Lower Monthly Payments: Take advantage of lower interest rates.
- Pay Off Your Loan Faster: Refinancing to a shorter loan term can help you build equity more quickly and reduce the total interest you pay over the life of your mortgage.
What Sets Extraco Mortgage Apart?
Refinancing your home should be simple and stress-free. As a trusted Texas lender for decades, we take pride in guiding homeowners through the refinancing process with dedication and integrity.
- Personalized support from local Mortgage Consultants
- Fast, smooth prequalification process
- Deep understanding of Texas real estate markets
- Respect for your time, finances, and long-term goals
Tools & Tips for Refinancing Your Home
Blog Article
Building Your Dream Home: 7 Awesome Renovation Ideas to Get You Started Today
March 28, 2022
Transform your dreams into reality by building your dream home through the frame of your existing home. Here are seven awesome renovation ideas to transform your space.
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Mortgage Refinance Calculator
How long will it take to break even on a mortgage refinance? Use the mortgage refinance calculator to sort through a multitude of factors including your current interest rate, the new potential rate, closing costs and how long you plan to stay in your home.
Blog Article
Should You Use Home Equity to Pay Off Debt?
December 19, 2022
You’re staring at a mountain of debt and wondering how to pay it all. Bills keep piling on, but your payments, especially today, barely make a dent in your situation. Sure! You’ve heard of refinancing your home; some use home equity to tackle their mounting debt. But is it a good idea? And, if so, what must you know before diving in?
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Home Loan Payment Calculator
This home loan payment calculator helps you estimate your monthly mortgage payments based on factors like loan amount, interest rate, term length, and property taxes. It’s a quick and easy tool to better understand what you can afford and plan your budget with confidence.
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Mortgage Payoff Calculator
How much interest can you save by increasing your mortgage payment? The mortgage payoff calculator helps you find out.
