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Mortgage Refinance

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What are the benefits of refinancing?

By refinancing your home mortgage you may be able to:

-  Get cash out based on the equity you have in your home
-  Consolidate your debts to one low payment
-  Take advantage of lower interest rates to reduce your payment
-  Combine a first and second mortgage
-  Shorten the term of your mortgage
-  Reduce the interest you pay over the life of the loan
-  Switch from a variable to a fixed rate (or vice versa)
-  Avoid a balloon payment that’s coming due

Loan Choices

Cash Out Refinance
With home values at an all time high, a cash out refinance allows you to use your hard earned equity to improve your financial position. Call today to learn more about our cash-out options. More »

Fixed Rate Mortgage
In uncertain times, many people appreciate the certainty of a fixed rate mortgage. Click here to see how you can benefit from the peace of mind a fixed rate offers. More »

Adjustable Rate Mortgage (ARM)
If you are looking to for a lower rate and payment, an adjustable rate loan could be just the answer you need. A Stearns Loan Specialist can help you determine if an ARM meets your needs. More »

Pay Option Adjustable Rate Mortgage (ARM)
The ultimate in financial flexibility, Stearns Option ARM’s offer payment rates as low as 1% and give you the power to determine the right payment for you. Find out how you can take control of your financial future. More »

Interest-Only Mortgage
An interest-only payment can make it possible to get cash and lower your payment at the same time. Most Stearns loans offer an interest-only option. Call today and see how you can reach your goals. More »