Explore what's possible when you refinance your mortgage

Take advantage of refinancing to achieve your financial goals.

Refinancing your mortgage may allow you to:

Take Cash Out

Unlock your home's equity. Perfect for that dream vacation or handling unexpected bills. Refinancing gives you options.

Unlock Equity Now

Lower Your Payment

Discover the relief of smaller monthly payments. Refinancing lets you redirect savings to other important life goals or pleasures.

Reduce My Payments

Accelerate Home Ownership

Accelerate your path to fully owning your home. With refinancing, you could choose a shorter term and save on interest.

Own My Home Sooner

Secure Steady Payments

Embrace the predictability of fixed rates. Refinancing helps you avoid market surprises, offering a steady payment amount.

Secure My Rate

Mortgage Refinance Calculator

Discover potential savings with our Mortgage Refinance Calculator. Quickly evaluate monthly payment reductions and identify the break-even point where savings outweigh refinance costs. Make informed mortgage decisions and optimize your financial future.


Refinancing could save you

$ /month

New monthly payment $

Refinance fees $

Lifetime Savings $

This calculator is for general education purposes only and is not an illustration of current Federal Hill Mortgage products and offers.

Discover Your Perfect Mortgage Refinance Match!

Mortgage refinancing can be a pivotal step in your financial journey. At Federal Hill Mortgage, we’re dedicated to guiding you through the myriad of refinance opportunities available. Whether you’re eyeing shorter terms, seeking stable fixed rates, or exploring cash-out opportunities, our diverse refinancing solutions are tailored to meet every unique need. Leverage our deep-rooted mortgage industry knowledge to fine-tune your loan terms, reduce monthly commitments, and harness the potential of your home’s equity. Whether you have an existing loan with us or one with another lender, we have a mortgage to fit your needs.

Rate and Term Refinance

  • Adjusts loan term and interest rate only
  • Focuses on modifying duration and rate
  • Mortgage insurance not required with 20% home equity

Cash-out Refinance

  • Adjusts rate and loan term
  • Increase in loan amount
  • Borrower can obtain cash after refinancing

FHA Streamline Refinance

  • Only FHA loans are eligible
  • Mortgage insurance required
  • No documentation required
  • No appraisal requirement

VA IRRRL Streamline

  • Only VA loans are eligible
  • Mortgage insurance not required
  • Refinance up to 120% of property's value
  • Allows up to 100% financing for Veterans

USDA Streamline Refinance

  • Only USDA loans are eligible
  • Must be current and not delinquent
  • Refinance should lower monthly payment and interest
  • No cash may be taken out except to pay the existing loan

ITIN Loan Refinance

  • Tailored for individuals without a Social Security Number
  • Available for first-time homebuyers, refinancing, and investment properties
  • Competitive interest rates, comparable to SSN holders
  • Legal residency in the USA necessary

Hard Money Refinance Loans

  • Flexible short-term financing for real estate investments
  • Quick approval and funding process
  • Based on property value rather than borrower credit score
  • Ideal for fix-and-flip projects or rapid property acquisitions

Discover refinancing options tailored to your needs.