Refinance with lenders who compete for your loan.
Lower the payment, shorten the term, drop PMI, or ditch an adjustable rate — lenders in our network show you the real numbers, and you decide.
What a rate-and-term refinance is
You replace your current mortgage with a new one — same home, new terms. People refinance to get a lower rate than the one they locked years ago, to shorten the term and pay less interest overall, to move from an adjustable rate to a fixed one before it resets, or to remove mortgage insurance once they have enough equity.
When refinancing tends to make sense
- The new rate is meaningfully lower than your current one and you plan to stay long enough for the savings to outrun the closing costs (the "break-even").
- Your credit or income has improved since you bought, so you may qualify for better pricing.
- You have an FHA loan with monthly mortgage insurance and now have 20%+ equity — a conventional refinance can remove it.
- Your adjustable-rate period is ending and you want payment certainty.
When it usually does not
- You expect to sell or move before the break-even point.
- You are restarting a full-length term late in your current loan just to trim the payment — you may pay far more interest over time.
- The costs are being rolled into the loan and nobody has shown you the real total.
A good lender will run the break-even math with you. Ask for it before you commit to anything.
Streamline options
If you have an FHA or VA loan today, there are streamlined refinance programs (FHA Streamline, VA IRRRL) that can require less documentation and no new appraisal. Lenders in our network offer these; mention your current loan type when they call.
Where Quickie Mortgages fits
Tell us the home's approximate value, what you owe, and what you are trying to accomplish. We connect you with licensed lenders who refinance in your state, and they call you with actual quotes. No hard credit pull until you pick one.
Questions people ask
How much equity do I need to refinance?
Many conventional refinances work with as little as 5% equity, and FHA/VA streamline programs can be more flexible. Removing mortgage insurance on a conventional loan generally requires 20% equity.
Is a refinance worth it if I plan to move in a few years?
Only if the monthly savings pay back the closing costs before you go. Ask the lender for the break-even month in writing and compare it to your plans.
Can I refinance an FHA loan into a conventional loan?
Yes — that is one of the most common reasons people refinance, because it can remove FHA monthly mortgage insurance once you have enough equity and qualifying credit.
See what lenders will offer you — in about three minutes.
Answer a few questions about the home and your situation. Licensed lenders in our network reach out with real options; you compare and choose. No obligation, and no hard credit pull to get matched.