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Mortgage Refinancing

Because Your Mortgage Shouldn’t Own You

Refinance Now Mortgage Rates

Think it through

considerations for why you should refinance your mortgage


lower your rate / lower your payment/ modify your term / remove pmi

Any combination of these can provide some relief to your monthly budget and / or help you speed up the payoff of your mortgage.


pull cash out

Use the funds for a home improvement project or to pay off or restructure debt (psst… a cash-out refinance does require a 0.5% APR1 rate increase).


change the type of rate on your mortgage

Switch from a fixed rate to a variable rate or vice versa.


it’s legally necessary

So you’re able to remove a borrower or co-borrower due to unforeseen circumstances.

when you should refinance
... But Maybe Not

considerations for why you should not refinance your mortgage


cost outweighs savings

This one’s pretty self-explanatory…


a short-term home

Not planning to stick around for very long? Then skip the mortgage refinance.


cash out leads to a higher mortgage rate

Make sure the plans you have for the cash you’re pulling out is in your financial best interest (especially if your monthly mortgage payment and overall mortgage loan cost will increase).

when you shouldn't refinance
Good Rule of Thumb...

If you can recoup your mortgage refinancing costs in 2 years or less, it’s generally a good idea to move forward with your refinance.

ask mortgage

your refinance questions... answered

If you have a specific mortgage question or are simply looking for advice on where to start in the refinancing process – our team of mortgage specialists is here to help! We’ll respond to your message on or before the next business day.

ok, so here’s the fine print:

Let’s Get Started

how to refinance your mortgage

my mortgage is with skyla

Is your mortgage already here?

We’ve streamlined the mortgage refinancing process for your Skyla mortgage (and have a few custom options just for you!). Simply submit this form and we’ll be in touch on or before the next business day.

Get Started

my mortgage is somewhere else

Here’s what you’ll need to get started:

  • Proof of Current Income
  • Proof of Identity (current driver’s license or state-issued ID)
  • Social Security Number
  • Information on your current mortgage and second mortgage (if applicable)

Start My Refinance