Mortgage Refinancing

Take advantage of FourLeaf's great rates to potentially lower your monthly mortgage payments.

Start the refinance process

Today's mortgage refinance rates

30-Year Conventional Fixed-Rate Mortgage
(Rates assume a NY property)
as low as
6.375%
Rate [1]
6.466%
APR [2]
See Payment Examples
5/1 ARM Mortgage
 
as low as
5.875%
Rate [1]
6.246%
APR [2]
See Payment Examples
See all rates
beth-grid-1

Ready to complete an application today?

Enjoy:

  • Convenience of applying anywhere
  • Real-time application status
  • Seamless digital, secure experience
Start an application

Connect with a specialist

Interested in mortgage refinancing?

beth-grid-2

Do you have a mortgage in progress?

You can check on the status of your loan application, view any to-do’s, and much more in our Borrower Center.

application icon

Mortgage options to fit your refinancing needs

fixed rate
Fixed-Rate Mortgage

Make consistent monthly payments for the life of the loan.

See more
adjustable rate
Adjustable-Rate Mortgage

Start with a lower initial interest rate and monthly payments.

See more
jumbo mortgage
Jumbo Mortgage

Receive a higher loan amount for more expensive homes.

See more
fha icon
FHA Mortgage

Finance a home with less money down and a less restrictive approval process than a traditional mortgage.

See more
10 year mortgage icon
10-Year Fixed-Rate Mortgage

Pay less interest with a short-term fixed loan. (View payment examples)

See more
investment mortgage
Investment Property Mortgage

Make a smart investment, whether for rental or resale.

See more

Home loan resources
Find out more about home mortgages, home finance, loans, and more.

Explore the most commonly-asked refinance questions

The difference between a fixed-rate and an ARM lies in the interest rate for the loan. For a fixed-rate mortgage, the interest rate is set when you take out the loan and will not change. The fixed interest rate allows borrowers a measure of predictability. With an ARM, the interest rate may increase or decrease. The borrower assumes the risk of interest rate increases in exchange for lower initial rates and lower initial mortgage payments.

Yes, you can pay off your FourLeaf fixed-rate mortgage any time without any pre-payment penalties.

By completing a loan application, a FourLeaf Mortgage Loan Officer can help you determine the mortgage amount that you can afford. Or, you can get a ballpark idea using our home affordability calculator.

The documentation you will need to obtain a mortgage includes:

  • Most recent pay stubs covering the last 30-day period
  • Past two years of W-2 Forms from all employers (current & previous)
  • 2 most recent bank statements (all pages). Include all accounts used for transaction
  • Past 2 years of Federal Tax returns (1040 Form) with all pages and schedules (if applicable, self-employed/rental income/retirement income)

Additional items you will need when purchasing a home:

  • Your attorney’s contact information
  • Your realtor’s contact information
  • Copy of fully executed and dated Contract of Sale

As you go through the process, additional documentation may be needed.

FourLeaf offers a free 60 day rate lock! [3]

Many factors determine the type of mortgage that is best for you, including your current financial situation and the length of time you intend to stay in your home. At FourLeaf, we offer a wide selection of mortgage options, and we encourage you to speak with a FourLeaf Mortgage Loan Officer, who will help you make the most appropriate decision.

With a FourLeaf ARM, there is a maximum for each adjustment and for how much your interest rate can increase over the life of the loan. For example, for our 5/1 ARM, the interest rate for each adjustment cannot increase or decrease more than 2 percent after the fixed rate period. And, the interest rate will never increase or decrease more than 6 percent for the life of the loan. Caps may vary by program.

To start your application online, click here. Or, you can visit your local branch or call 855-971-0764 to be connected with a FourLeaf Mortgage Loan Officer.

While FHA-Insured Mortgage Loans are ideal for first-time homebuyers, people who have owned a home in the past can also take advantage of the program. Learn more here.

All loan terms are subject to credit and loan program requirements (applicants may be offered credit at higher rates and other terms). Certain loan programs may not be available to all applicants. Loans above 80% LTV may require private mortgage insurance (PMI). FourLeaf does not offer residential mortgage loans in Texas. To obtain a loan, membership at FourLeaf is required, which is subject to approval and requires opening a $5.00 savings account at or prior to loan consummation. Rates, loan programs, terms, and conditions are subject to change without notice. Other restrictions and limitations apply.

[1] Interest Rate and APR Assumptions: The Interest Rate and APR assumes the mortgage is a conforming loan to purchase or refinance an existing single-family home used as the borrower’s primary residence in New York, a Loan to Value of 75% or less, the borrower has excellent credit (780) or greater), a rate lock of 60 days or less, 30 year term, and a loan amount of $415,000. See payment examples.

Loans above 80% LTV may require private mortgage insurance (PMI). In some instances PMI can be avoided, please contact a Mortgage specialist to see if PMI needs to be a requirement of your mortgage.

[2] APR = Annual Percentage Rate. The APR is the cost of credit over the term of the loan expressed as an annual rate. Rates as of and are subject to change without notice.

[3] The free 60-day rate lock begins when your rate is locked. A complete application is required in order to request a rate lock.

060520261274