Shorten your Loans TermAs a homeowner, you may qualify for several benefits that can yield substantial savings when you refinance your home. Refinancing may allow you to lower your monthly mortgage payments and keep more of your money in your pocket.
What you need to know about refinancingThis is an ideal way to go if you want to pay off your home in a shorter amount of time.
Lower your monthly mortgage payment
Reduce the term of your mortgage
Change your rate from an adjustable-rate mortgage to a fixed-rate, or vice versa
Eliminate private mortgage insurance