Home Mortgage

Refinancing Your Home Loan

Over time, a variety of factors can create the need to refinance your current mortgage.
At Securant Bank & Trust®, we strive to maintain an on-going relationship with our clients by offering flexible refinancing options.

Refinancing Options

Refinancing to a lower rate
When rates drop 1/2% to 5/8% lower than your current rate, you may want to consider refinancing your mortgage.

Refinancing to switch from an ARM to a fixed rate mortgage
Circumstances may change that make it more favorable for you to have a fixed rate mortgage. If you plan to stay in your home over a longer period of time or need the stability of a fixed monthly payment, you can refinance to a fixed rate. 

Refinancing to combine two mortgages
Rather than carrying two mortgage payments, you may benefit by combining both into one lower rate mortgage. Talk with our mortgage experts to see if this option is right for you. 

Cash-out refinance
This option allows you to access the equity in your home with one loan and one monthly payment. You can refinance your existing mortgage for a higher overall amount using some of the accumulated equity in your home. This money can be used to cover a larger one-time expense such as college tuition. You may want to compare this option to our home equity loan.

Construction to permanent financing
This option allows for an easy transition from the building of your home to the home mortgage. 

To find out if you can benefit from refinancing, please contact a mortgage lender at 1-800-980-9277.