HOME REFI
Refi and Reimagine.
Refinance your home loan and dream up big plans for the extra cash you'll save.
HOME REFI
Refinancing your home can be a smart financial move for many reasons. A refinance provides the opportunity to shorten your loan term, lower your interest rate/monthly payment or access the equity in your home.
When you refinance your home, you are replacing your current mortgage with a brand new one, often with a new principal amount, new interest rate and new monthly payment amount.
At Fortera, we offer two types of refinance solutions to best fit your unique needs. Traditional Home Refi and Rapid Refi.
Traditional Home Refi:
Available in fixed-rate and adjustable-rate options and for terms up to 30 years. FHA and VA refinance options are also available. The Traditional Home Refi is available for properties in Tennessee and Kentucky, as well as many other states, and is the option of choice for those needing an escrow account to manage property taxes and insurance premiums. And with Double Dip Rate Protection and Rate Match Guarantee, there is no need to stress over rates. If you're ready to explore your refinancing options or have any questions, we're here to help. Call or text us today at 931.431.6800 to discuss your options with one of our experienced lending professionals.
Double Dip Rate Protection
Feeling stressed about locking in a rate too early? Don't worry. With our Double Dip Rate Protection, you get not one, but two opportunities to lower your rate—up until seven days before closing3. No need to play rate roulette—lock in now and adjust if the market moves in your favor.
Rate Match Guarantee
When it comes to securing your mortgage, you deserve confidence. That’s why we offer our Rate Match Guarantee. When you are shopping home loan rates, if you find a lower rate than ours, we’ll match it. If not, we’ll give you $1,000.2
Rapid Refi
One of our fastest and most popular products. With our Rapid Refi loan, we’ll close in 30 days or the $299 in closing costs are on us. Available to members living in Tennessee and Kentucky with the choice of a 5, 10, or 15-year term option. Visit our Rapid Refi page to learn more about this product.
What's New
Nitty, gritty, and super important.
2Home Rate Match Available for purchase and refinance first mortgages. Certain product exclusions may apply. The date of the Loan Estimate with the competing lender must be within 3 calendar days of the rate lock with Fortera. Please note that no other documentation may be used to show competitors' terms. The rate must be from a competing lender that has a physical branch location within 50 miles of a physical Fortera branch location. The terms of the competing loan must be identical to Fortera's loan; for example, a 15-year, fixed-rate product with mortgage insurance is not identical to a Fortera 15-year, fixed-rate product that does not have mortgage insurance. If the loan does not close within the commitment period, the rate match may be voided. NOTE: The initial Loan Estimate from a wholesale lender/broker is not an acceptable document for a rate match submission unless the Lender Information section on the Loan Estimate is completed. To receive $1,000, you must provide a signed, executed copy of the final Closing Disclosure and a copy of the final mortgage note within 30 calendar days of your loan closing with the original competing lender. Not valid if original loan terms or conditions change prior to closing. Once approved, $1,000 will be automatically deposited into your Fortera Share Savings account within 30 calendar days of receiving the necessary documentation. Membership and share savings account is required to receive cash back offer. Recipient is solely responsible for any personal tax liability arising out of this incentive. Not all loans qualify. Fortera reserves the right to terminate this promotion at any time without notice. Can’t be combined with other offers.
3Fortera’s Double Dip Rate Protection is available for new applications on purchase and refinance loans at no additional fee for up to a 60-day lock. You may request a lower rate no more than two (2) times, with a maximum cumulative interest rate reduction of 0.50%. You must monitor rates to decide when to exercise the option to lower the rate. All requests for a lower rate must occur at least seven (7) calendar days before closing. Not all loans may qualify. Fortera reserves the right to terminate this promotion at any time without notice.