A: No. While better credit can help you secure more favorable terms, there are refinance options available for a wide range of credit profiles. Your broker will help you explore what’s possible based on your unique situation.

 A: Most refinances take between 30 to 45 days from application to closing. Your broker will guide you through each step and keep you informed throughout the process.

A: Yes, you may be eligible to refinance again depending on your current loan terms and financial goals. It’s worth reviewing your situation to see if a new refinance could help you consolidate debt or improve your monthly budget.

A: Yes, refinancing typically involves closing costs. However, these can often be rolled into the loan or offset by the financial benefits of consolidating high-interest debt. Your broker will walk you through the numbers so you can make an informed decision.

A: Yes, many homeowners refinance to consolidate both their primary mortgage and a second loan into one. This can simplify payments and potentially lower your overall interest rate. Your broker will help you explore the best strategy for your situation.

A: Typically, you’ll need recent pay stubs, tax returns, bank statements, and information about your current mortgage. Your broker will provide a clear checklist and guide you through gathering everything needed.

A: Applying for a refinance may result in a temporary dip in your credit score due to the credit inquiry. However, consolidating debt and making consistent payments can improve your score over time.

A: It depends. If you’re planning to sell your home in the near future, refinancing may not be the best fit. Your broker can help you weigh the costs and benefits based on your timeline and financial goals.

A: A cash-out refinance lets you access your home’s value to pay off debt or fund expenses, while a rate-and-term refinance simply adjusts your interest rate or loan length. Your broker can help determine which option best fits your needs.

A: Yes. While documentation requirements may be different, self-employed borrowers can absolutely refinance. Your broker will help you gather the right paperwork—like tax returns and profit/loss statements—to support your application.

A: Home values can fluctuate, and that may affect how much equity you can access. Your broker can help you estimate your current home value and determine whether refinancing is a good fit based on today’s market.

A: Not at all. Many homeowners refinance to improve their financial flexibility, consolidate debt, or take advantage of better loan terms. It’s a proactive step that can benefit a wide range of financial situations.

A: In most cases, yes—but some loan programs may offer appraisal waivers depending on your property and loan type. Your broker will let you know what’s required and help you prepare.

A: Simply fill out the short form on this page. Your broker will review your information and reach out to schedule a free, no-obligation consultation to explore your options.