Refinancing a home can be a powerful financial tool in the hands of the savvy homeowner. Learn about the benefits that come with refinancing your home.

Lower Monthly Mortgage Payments

Lower Monthly Payments.

Reducing monthly home loan payments frees up resources for investing or paying down credit cards, auto loans, college tuition, or even your principal home loan amount. Lowering your interest rate via refinancing results in a reduced monthly payment and can further establish long-term financial stability.

Take Advantage Of Home Equity.

Because mortgage loans generally have lower interest rates than credit cards do, funds from a refinance enable you to consolidate debt and pay off higher-rate accounts. When you refinance, you can reduce your monthly payment. In addition, your Carlyle Financial mortgage banker will work with you and your financial advisor to investigate all possible ways you could benefit from a tax deduction.

taking advantage of home equity
managing an arm loan

Manage A Resetting ARM Loan.

If you currently have an adjustable-rate mortgage (ARM) that is about to reset, the interest rate may be changing—likely increasing. Refinancing out of an ARM into a fixed-rate mortgage or obtaining a new ARM with a new fixed-rate period can provide stability and minimize risk.


Thanks to career success or financial windfall, you may find yourself in a stronger economic situation than when you first closed your mortgage. This is why shortening the life of your existing home loan via a refinance might be appealing. While some may choose to continue to pay down (or off) a mortgage balance, others may elect to switch to a new mortgage with shorter and/or better terms.

mortgage prosperity

Here are some of the resources we provide to make refinancing your home loan (mortgage refinance) a more approachable process:

Refinance Document Checklist

Learn about what documentation is required for your application, and how you can be prepared to close quickly and efficiently. Download the PDF here.

Annual Loan Review

A lot can change in one year. We help you reassess your financial situation to determine whether your current home loan still makes sense.

Appraising Property Value

With real estate values constantly changing, we have resources available to help you make critical decisions related to the equity in your home. Learn more.