Refinance Your Mortgage

Are you looking for a way to lower your monthly mortgage payments? We offer a variety of refinancing options that can help you save money.  

 

Refinance Today and Save Money 

Are you tired of making high monthly mortgage payments? Are you looking for a way to free up some extra cash in your budget? If so, then you may be a good candidate for a mortgage refinance. 

Refinancing your mortgage can help you lower your monthly payments, shorten your loan term, or get cash out. Not only can you save money on interest over the life of your loan, you can also take cash out to pay off higher interest debt. 

We offer a variety of refinancing options to fit your individual needs. We can help you find the right refinance option for you and get you the best possible rate. 

Learn more about how we can help you refinance your mortgage and save money. 

Contact Us

Traditional Mortgage Refinance 

Choose from one of the loan options below to refinance your home and lower your monthly payment.

Fixed Rate Mortgage Refinance5

Get a stable monthly payment for a longer term by locking in a lower rate. This is a great option for homeowners planning to stay in their current home for a while.

We only listed some of our fixed rate refinance loan programs here. If you want to learn about all our no- or low-cost fixed rate refinance loan programs, don't hesitate to contact a Landmark Loan Officer. We'll help you find the right loan program for your needs.

Additional Terms Available

Apply for Fixed Rate
  • Fixed Mortgage Loan Rates

    30 Year Fixed - As Low As

    • 6.875%

    • 6.977%

      APR
  • Fixed Mortgage Loan Rates

    15 Year Fixed - As Low As

    • 6.500%

    • 6.662%

      APR

Adjustable Rate Mortgage (ARM) Refinance

The initial rate is typically lower than a fixed rate loan. After that, your rate will go up or down based on the market1

Reach out to a Landmark Loan Officer today to see if an ARM refinance is right for you.

Additional Terms Available

Apply for ARM
  • Adjustable Rate Mortgage (ARM) Rates

    3 Year

    • 6.125%

    • 7.506%

      APR
  • Adjustable Rate Mortgage (ARM) Rates

    5 Year ARM

    • 6.500%

    • 7.411%

      APR

Cash Out Adjustable Rate Mortgage Refinance

A Cash Out ARM refinance allows you to borrow more money than you owe on your current mortgage2. Free up additional funds for bill consolidation, renovations or major expenses. 

Contact a Landmark Loan Officer today to see if a Cash Out ARM Refinance is right for you.

Additional Terms Available

Apply Now
  • Cash Out ARM Rates

    As Low As

    • 7.411%

      APR

Mortgage Refi Express

Pay your mortgage off quickly. Get a low rate and save on closing costs with a Mortgage Refi Express3. You can also choose your payment due date and make prepayments without a penalty. 

Contact a Landmark Loan Officer to learn about our Mortgage Refi Express loan program.

Additional Terms Available

Apply for Refi Express
  • Mortgage Refi Express Rates

    8 Year³ - As Low As

    • 6.40%

      APR

Still not sure which refinancing option is best for you? 

Use our mortgage refinance chart to compare the different refinancing options we offer. The chart includes information on loan-to-value (LTV), closing costs, and other factors to help you make the best decision for your financial situation.

  • Fixed Rate Mortgage
     

    A good choice when: 

    You want the same payment every month to provide certainty in your budgeting


     


    Year Terms²⁰

    • 30
    • 20
    • 15
    • 10

    Fixed or Adjustable Rate?

    Fixed


    Maximum Loan Amount

    $766,550


    Maximum Loan-to-Value

    95% LTV


    Application Fee

    $5504


    Traditional Closing Costs?

    Yes

  • Adjustable Rate Mortgage (ARM)

    A good choice when: 

    You’re planning to sell your house in less than 7 years and are comfortable with the payment changing after the initial locked in period
     


    Type

    • 3
    • 5
    • 7

    Fixed or Adjustable Rate?

    Adjustable


    Maximum Loan-to-Value

    95% LTV


    Application Fee

    $5504


    Traditional Closing Costs?

    Yes

  • Cash Out Adjustable Rate Mortgage

    A good choice when: 

    You want to borrow more money than you owe on your current mortgage


     


    Type

    • 5


     

    Fixed or Adjustable Rate?

    Adjustable


    Maximum Loan-to-Value

    95% LTV


    Application Fee

    $5504


    Traditional Closing Costs?

    Yes

  • Mortgage Refi Express
     

    A good choice when: 

    You want a low rate in a short amount of time without the traditional closing costs


     


    Year Terms³

    • 8
    • 10
    • 12
     

    Fixed or Adjustable Rate?

    Fixed


    Maximum Loan Amount

    $250,000


    Maximum Loan-to-Value

    80% LTV


    Application Fee

    $89


    Traditional Closing Costs?

    No

Mortgage Refinance FAQs

Whether you're looking to reduce your monthly payments, shorten your loan term, or remove Private Mortgage Insurance (PMI), our Mortgage Refinance FAQs are here to guide you through the process.

  • You may roll the closing costs on a refinance into the loan if you have enough equity in the property. Keep in mind that you incur finance charges on any closing costs rolled in to the loan.
  • To refinance your home loan, you can apply online. If you have questions, you can contact a Mortgage Loan Officer or contact us.
  • Based on a variety of considerations such as the history of your loan, the age of your loan, the value of your property, and loan-to-value (LTV), you may be able to request PMI cancellation.

    To determine if you are eligible to cancel PMI on your home loan, please contact us.
  • In order to refinance your mortgage, you will need to start by completing a mortgage application. Please contact a Mortgage Loan Officer or apply online.
  • Due to the complexity and variety of mortgage products and each member's individual circumstances, we are unable to provide information online. Please contact us to discuss your particular situation.
* APR = Annual Percentage Rate. Rates and terms are subject to change at any time and without notice additional restrictions may apply.
1 - The published rate may be adjusted based on credit score and down payment. ARMs require a 5% down payment. The adjustment could occur after the initial term. Adjustment is based on 1-year CMT plus a margin of 2.75%. The maximum annual adjustment on 1, 3, and 5 years is 2%; the maximum over the life of the loan is 6%. The maximum annual adjustment for 7 years is 2%; the maximum over the life of the loan is 6%. No conversion option.
2 - The published rate may be adjusted based on credit score and down payment. Requires 5% equity. The adjustment could occur after the initial term. Adjustment is based on 1-year CMT plus margin of 2.75%. The maximum annual adjustment is 2%; maximum adjustment over the life of the loan is 6%. No conversion option.
3 - A fee of $89 is required. Available to refinance home loans of up to $250,000 with loan-to-value ratio of 80% or less for owner-occupied primary residences. Qualifying credit score required. Other programs may be available for non-qualifying credit scores and higher loan-to-value ratios. Escrow accounts may not be available. Existing Landmark Mortgage Refi Express loans may be modified for a $150 fee. Example: for an 8-year mortgage at 6.30% APR, payments would be $13.29 per $1,000 borrowed; for a 10-year mortgage at 6.40% APR, payments would be $11.31 per $1,000 borrowed; for a 12-year mortgage at 6.50% APR, payments would be $10.02 per $1,000 borrowed. Actual payments may be higher with property taxes and homeowner’s insurance.
4 - An application fee of $550 for single family residences and $655 for 2+ units is required.
5 - Published rate may be adjusted based on other factors, including but not limited to, when your rate is locked, actual occupancy status, loan purpose, loan amount, credit score, debt to income ratio, and loan to value. A non-refundable application fee of $495 is required for single family residences and $600 for 2+ units is required. Private Mortgage Insurance (PMI) required for loans with less than 20% down. Rates and terms are subject to change at any time and without notice; additional restrictions may apply.
20 - To calculate estimated monthly payment, multiply the payment amount shown by the mortgage amount in thousands. For example, 30-year 6.875% loan for $150,000 would be: 150 X $6.57= $985.50 per month. Actual payments will be higher with taxes, property insurance and, if applicable, private mortgage insurance.