Should You Refinance Your Mortgage?

At VyStar, we never forget that it’s your money, and we want what’s best for you and your family. If you are a homeowner considering refinancing your mortgage, we want to first remind you how important it is to carefully weigh the pros and cons. There may be expenses such as prepayment penalties on your current mortgage that impact or even negate the potential savings. But, of course, if the conditions are right, making the decision to refinance now could save you a lot of money.

Some good reasons to consider refinancing your current mortgage are to consolidate your debt, lower your interest rate, reduce your monthly payments, build more equity or even shorten the term of your loan so you can pay off your mortgage sooner.

How much money you may be able to save depends on a number of variables. Estimate your potential savings with our financial calculators.

Start your application online or to talk through your options, contact a VyStar Mortgage Loan Officer today. Call 904-777-6000 or 800-445-6289, option 3, or stop by any VyStar branch.

More Home Loans Resources

Home Equity Loan & Line of Credit

Unlock the equity in your home and put it to work for you. Take advantage of a low rate home equity loan or line of credit. Discover which option works best for your lifestyle and see how much you could save.

Home Refinancing

Refinancing your home loan can lower your interest rate, lower your monthly payment or allow you to take equity out of your home.

View Mortgage Rates

Whether it’s your first home or your 40th, our mortgage loan officers are here to help you at every step of the way. We service many of the loans we approve, so you’ll always get great customer service.