Refinance Your Mortgage
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Find the Right Refinance for You
Find the loan that fits your life. We’re ready to help!
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Why loanDepot?
Refinancing made simple, with options designed around your goals.
Trusted Guidance
Clear, thoughtful recommendations every step of the way.
Tailored to Your Goals
From lower payments to cash access and faster pay-off options.
Competitive Solutions
Explore a variety of refinance solutions designed to fit your financial goals.
The loanDepot Lifetime Guarantee
Enjoy peace of mind with waived lender fees on future refinances, guaranteed.
Mortgage Payment Calculator
Estimate savings, compare scenarios, and make a confident decision.
Estimated monthly payments include principal and interest and are not an offer to lend. Tax, insurance, and other fees and charges may apply. Default interest rate displayed is illustrative only. Interest rates, total cost of mortgage, and monthly mortgage payment are estimates based on information provided. Actual mortgage payment and interest rate may be higher or lower than those displayed and will depend on your mortgage product, collateral, and credit history.
Crunch your own numbers with our mortgage calculators for refinance or a purchase loan, and run as many different scenarios as you’d like. Or call (888) 983-3240 if you prefer advice from one of our licensed loan officers.
Refinance in 4 Simple Steps
1
Speak With a Loan Officer
Share your goals and explore your options.
2
Apply & Upload Documents
Complete your application and provide any required documents.
3
Review Your Loan Options
Choose the refinance solution that fits your needs.
4
Close & Move Forward
Sign your final documents and enjoy the benefits of your new loan.
See What You Could Save
Answer a few quick questions and we'll show refinance options, estimated rates, and potential monthly savings*.
Talk to your Local Loan Officer
Connect with a local loan officer for tailored guidance.
Frequently Asked Questions
What is a mortgage refinance?
A mortgage refinance replaces your current home loan with a new one. Homeowners may refinance to lower their monthly payment, change their loan term, access home equity, or pursue a different interest rate.
When is refinancing a good idea?
Refinancing may be worth considering if you’re looking to lower your monthly payment, pay off your loan sooner, access cash from your home’s equity, or achieve another financial goal. A loanDepot loan officer can help you evaluate your options and determine whether refinancing makes sense for your situation
How much equity do I need to refinance?
The amount of equity needed to refinance depends on the loan program and your financial profile. In general, having more equity can provide access to more refinancing options and may help you qualify for better loan terms.
Will refinancing affect my credit score?
Refinancing typically requires a credit check, which may have a temporary impact on your credit score.
What happens to your escrow account when you refinance?
When you refinance, your existing escrow account is generally closed and any remaining balance is refunded to you. A new escrow account may be established as part of your new loan, depending on your loan terms and preferences.
By refinancing the existing loan, the total finance charges may be higher over the life of the loan.
loanDepot Lifetime Guarantee is non-transferable and does not apply to loans obtained to purchase a new property, new loans that result in the creation of a separate lien on the current property (i.e., a “home equity loan”), renovation loans, bond loan programs, and down payment assistance programs. “Lender fee” does not include discount points associated with the loan transaction nor does it include fee associated with third-party closing costs. Terms and conditions apply. Please refer to the website: http://www.loanDepot.com/lifetime-guarantee for the most current terms and conditions as they are subject to change without notice.