Save more.
A penny saved is a penny earned. Whatever your goals are, we can help make it happen.
It's your mortgage. use it how you want.
Take cash out
Start leveraging your investment to make smarter use of the equity in your house.
Lower your payment
A lower payment can improve your financial security if you are an established homeowner.
Shorten loan term
Save money by refinancing to a shorter term so that you can pay off your mortgage sooner.
Reasons to refinance
Refinancing your home can be a big decision.
Imagine a simple, straightforward, fast, and free way to find out exactly how much you can save and get the resources you need.
At Canopy Mortgage, LLC, we help you get an understanding of how much you could save in under 30 seconds.
Refinancing Your Loan
Your house is a financial investment. You can use your home to leverage your investment by refinancing. You may want to refinance for a variety of reasons, including obtaining cash from your home, lowering your payment, and shortening the term of your loan.
Let’s go over how mortgage refinancing works so you know what to expect.
What Exactly Is Refinancing a House? Refinancing a house involves replacing an existing mortgage with a new one, offering different terms and conditions. It can lower interest rates, reduce monthly payments, or adjust the loan term. Homeowners often refinance to access equity for significant expenses or consolidate debt, aiming to improve financial conditions, save money, or fund substantial needs.
How Does Home Refinancing Work?
Although many of the steps are the same, the refinancing process is often less complicated than the home-buying process. It can be challenging to predict how long your refinance will take, but the average time frame is 30 to 45 days.
