Refinancing with Three Bays Lending
Refinancing your mortgage can be a powerful financial tool, whether you're looking to lower your monthly payments, secure a better interest rate, or tap into your home’s equity. At Three Bays Lending, we make the refinancing process simple, transparent, and tailored to your goals.
Why Refinance?
— Lower Your Interest Rate – Secure a better rate and save money over time.
— Reduce Monthly Payments – Free up cash flow for other financial goals.
— Shorten Your Loan Term – Pay off your home faster and save on interest.
— Access Home Equity – Use your home’s value to fund renovations, consolidate debt, or invest elsewhere.
— Switch Loan Types – Convert your adjustable-rate mortgage (ARM) to a fixed-rate loan for more stability and predictable payments.
— Reduce or Remove PMI – If you've built enough equity since purchasing your home, you may be able to lower or eliminate private mortgage insurance (PMI), reducing your monthly costs.
Is Now the Right Time to Refinance?
If you bought a home in 2022 or later, there's a strong chance you can benefit from today’s rates. Even a small reduction in interest can lead to significant long-term savings. Our team will review your current loan and present refinancing options tailored to your needs.
VA Home Loan Refinancing
For veterans and active military members, refinancing with a VA Interest Rate Reduction Refinance Loan (VA IRRRL) could mean lower payments with little to no out-of-pocket costs. If you’re eligible for a VA loan, we’ll help you maximize its benefits.
Let’s See What’s Possible
With a quick review of your mortgage, we can determine if refinancing is the right move for you. There’s no obligation—just honest guidance to help you make the best financial decision.