Mortgage Refinancing

Because Your Mortgage Shouldn’t Own You

the plan

how to get ready to refinance

think it through

Refinancing your mortgage can offer financial advantages like lower interest rates and reduced monthly payments but it may not always be the best for your situation.

Weigh Your Options

check out the rates

The Mortgage Services team is committed to offering unbeatable rates paired with unparalleled service, ensuring you receive the best experience available.

Check the Rates

ask your questions

If you have a specific mortgage question or are simply looking for advice on where to start in the refinancing process – our team of mortgage specialists is here to help!

Refinance Now

Think it through

considerations for why you should refinance your mortgage

lower your rate / lower your payment/ modify your term / remove pmi

Any combination of these can provide some relief to your monthly budget and / or help you speed up the payoff of your mortgage.

pull cash out

Use the funds for a home improvement project or to pay off or restructure debt (psst… a cash-out refinance does require a 0.5% APR¹ rate increase).

change the type of rate on your mortgage

Switch from a fixed rate to a variable rate or vice versa.

it’s legally necessary

So you’re able to remove a borrower or co-borrower due to unforeseen circumstances.

... But Maybe Not

considerations for why you should not refinance your mortgage

cost outweighs savings

This one’s pretty self-explanatory…

a short-term home

Not planning to stick around for very long? Then skip the mortgage refinance.

cash out leads to a higher mortgage rate

Make sure the plans you have for the cash you’re pulling out is in your financial best interest (especially if your monthly mortgage payment and overall mortgage loan cost will increase).

Refinance Now Ask a Question

Good Rule of Thumb...

If you can recoup your mortgage refinancing costs in 2 years or less, it’s generally a good idea to move forward with your refinance.

skyla's mortgage rates

The rates below are for primary residences located in North or South Carolina. If you are looking for properties outside of these areas, please contact us directly at 800-765-4527 X 3087. Our team will be happy to assist you with customized rates tailored to your specific location and requirements!

30-YEAR FIXED:

6.25%
interest rate
6.344% APR*

15-YEAR FIXED:

5.75%
interest rate
5.905% APR*

7/1 ARM:

5.99%
interest rate
6.162% APR*

Home Loan rates as of 11/20/2024. The Annual Percentage Rate, or APR, for the loan programs shown reflects the interest rate and approximate cost of prepaid finance charges. These charges include a 1% Origination Fee but do not include other closing costs or discount points.

Refinance Now Calculate a Payment

ask mortgage

your refinance questions... answered

If you have a specific mortgage question or are simply looking for advice on where to start in the refinancing process – our team of mortgage specialists is here to help! We’ll respond to your message on or before the next business day.

ok, so here’s the fine print:

Let’s Get Started

how to refinance your mortgage

Here’s what you’ll need to get started:

Proof of Current Income
Proof of Identity (current driver’s license or state-issued ID)
Social Security Number
Information on your current mortgage and second mortgage (if applicable)

Start My Refinance