Mortgage refinancing is the process of replacing your existing home loan with a new one—ideally with better terms that suit your current financial situation. Whether you’re looking to lower your monthly payments, pay off your loan faster, switch to a more stable rate, or even tap into your home’s equity, refinancing can help you optimize your mortgage to match your goals. At Prime Mortgage Services, we simplify refinancing so you can make confident, informed decisions with expert guidance every step of the way.
If rates have dropped since you got your mortgage, refinancing could significantly reduce what you pay each month.
Want to pay off your home sooner? Or lower your monthly commitment? Refinancing lets you adjust your term to match your current lifestyle and goals.
Choose from Buydown programs to lower your rate during the first few years or ARM options for lower initial payments—perfect for both short-term plans and long-term savings.
Need extra funds for home improvements, education, or debt consolidation? Use your home equity to access cash at competitive rates.
If you’ve gained enough equity, you may be able to eliminate monthly PMI—saving you hundreds each year.
Credit Score: Higher scores unlock better rates, but options exist for all ranges.
Debt-to-Income Ratio (DTI): Most lenders look for DTI below 45%.
Consistent Income: Proof of stable employment or income source is often required.
Timely Mortgage Payments: A solid payment history increases approval chances.
Replace your current loan to secure a lower rate or different term—without pulling cash out.
Access your home’s equity by borrowing more than you owe, and use the extra funds however you like.
Allows you to convert your mortgage to a different type and may lower your current interest rate. For existing FHA loan holders—no appraisal or income verification required in many cases.
Get straightforward advice from experienced mortgage professionals. Customized refinancing options based on your unique financial needs.
We make the paperwork simple and the timeline quick.
A better rate or term could save you thousands over the life of your loan.
Whether you’re refinancing your first home or your tenth, we’re here to help you.
Compare Mortgage rates with us before Finalizing a lender.
We Work HARD to BEAT any rate and Cost.
