Mortgage Refinancing
Mortgage refinancing solutions crafted to lower your payments, reduce your rate, and realign your loan with your financial goals.
Refinance Your Mortgage and Save on Costs Down the Road!
Lower Your Payment, Shorten Your Term, or Access Equity
Whether you’re looking to lower your monthly mortgage payments, pay off your loan faster, or tap into your home’s equity, Points West Community Bank offers a local approach to lending with a fast and transparent process. We can help you consider all your mortgage refinancing options to find a refinancing solution that works for you!
Reasons to Refinance Your Mortgage
There are many reasons to pursue a bank mortgage refinance loan. If you’ve been making mortgage payments for some time now, and your property’s value has increased along with the local housing market, you have likely built up equity in your home that you could put to good use.
With a “cash out refinance” loan you could secure a new mortgage, tap into your home’s equity and use the cash for renovations, college tuition, or some other financial need. You can also receive a much lower interest rate than you would by covering those costs through a personal loan or putting them on your credit card.
Many of our mortgage refinance customers have an adjustable-rate mortgage that started with a low introductory rate but now fluctuates over time. A fixed-rate mortgage refinance gives them predictable monthly mortgage payments and locks in an interest rate that will not change. Refinancing to get a lower interest rate would reduce your monthly mortgage payments, save you money each month, and could help you pay off your loan faster.
Another popular reason to refinance a mortgage is to eliminate private mortgage insurance (PMI) which is a fee added to the monthly loan payments for a mortgage without a minimum 20% down payment.
Mortgage Refinance Benefits
We offer flexible options for rate and term refinancing, with fixed-rate and adjustable-rate options available. You could choose a longer-term length to lower your monthly payments, or shorter term length to pay off your loan faster and save money. With our access to top brokered mortgage programs, we can find you a loan that fits your needs. With Points West Community Bank, you can trust that you’ll be working with a local lending expert from start to close.
How to Refinance Your Mortgage
1. Apply Online or Speak with a Points West Mortgage Expert
You can apply for a mortgage online or speak to a PWCB mortgage lender, who will explain the process and go over the financial documents you’ll need to apply for a mortgage refinance. You can also call us at (970) 541-2520.
2. Review Your Current Mortgage and Goals
We’ll examine your current mortgage, go over your refinancing options, and help you decide. We also offer financial tools and calculators to help you analyze your mortgage costs.
3. Choose The Best Refinancing Program for Your Needs
Whether you opt for an adjustable-rate refinance or a fixed-rate refinance is entirely up to you, but we’ll make sure you understand the benefits of each choice.
4. Submit Your Loan Application
This is when you formally apply for your mortgage refinance, replacing your old loan with a new one.
5. Close Quickly and Enjoy Your New Terms
We make all our lending decisions locally, which allows for a fast and transparent process so you can obtain your new loan as quickly as possible.
Start My ApplicationMortgage Refinance Calculator
Use our Mortgage Calculator to estimate your updated monthly payments when refinancing. Just enter your loan amount, term, and interest rate to see how a refinance could impact your budget and help you reach your financial goals.
View Mortgage Calculator
Why Choose Points West?
With Points West Community Bank, you receive personalized support from a local team that has a stake in the community just like you do. All our loan approvals are made locally, which allows for fast decision-making and processing, with transparent communication at every step. We also have brokered access to a range of refinancing solutions to find you the best rate possible.
A Local Approach to Mortgage Refinancing in Colorado, Nebraska, and Wyoming
At Points West Community Bank, we’ve been offering mortgage refinancing solutions in the tri-state area: The Front Range region of Colorado including Fort Collins, Loveland, Greeley, Wellington, and Windsor. Central Nebraska and the Panhandle, including Sidney, Bridgeport, and Fullerton. In Wyoming, we serve Torrington, Pine Bluffs, Douglas, Lingle, and surrounding areas. We offer a personal touch to banking at all of our branch locations.
Ready to Get Started? Refinance with Peace of Mind!
If you’re ready to refinance your mortgage, or just want to consider your options, we can help you with the entire process and explain how a mortgage refinance could reduce your borrowing costs, let you tap into your home’s equity, or give you peace of mind with your home’s finances. To get started, apply for a home refinance loan online, give us a call at (970) 541-2520, or contact us with your questions. You can also check out our blog for information on a wide range of financial topics.
Apply to Refinance