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Refinance Your Home

Lower Your Rate or Help Consolidate Loans

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How The Federal Savings Bank Helps You Refinance

​​You have many choices when refinancing your mortgage with The Federal Savings Bank, and we want you to understand all of your options. We are experts at helping you understand the differences and matching you with a customized solution for your unique refinancing needs.

You have unique needs — and we can help you wherever you are.

As a bank focused on refinancing, we have the expertise, the tools, and the skills needed to find the best possible outcome. We’re focused on making your refinance work for you.

RefinanceYourHome_1_were licensed in all 50 states

We lend in all 50 states

RefinanceYourHome_2_experts who live and work in your community

We have experts who live and work in your community

RefinanceYourHome_3_were multilingual

We’re multilingual

What Can You Do When You Refinance a Home?

Refinancing can be a great option to help your financial situation now and in the future. There are several main reasons why people refinance.

Create Better Conditions For Paying Off Your Mortgage

Your mortgage is one of your biggest financial lifts. With refinancing, you can:

  • Lower your current mortgage: You may be able to get a lower interest rate because of changes in the market conditions or because your credit score has improved. With a lower interest rate, your monthly mortgage payment decreases.
  • Adjust the terms of your mortgage: A mortgage with a longer term for payback can reduce the amount that you pay in monthly mortgage payments. On the other hand, shorter-term mortgages generally have lower interest rates. Plus, you pay off your loan sooner, which reduces your total interest costs.

Calculate What Refinancing Means For Your Mortgage

A lower interest rate could make a big difference. Check out our “Should I refinance?” calculator to see how a new rate and term could lower your monthly mortgage payment.

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Consolidate Debt From Other Loans or Credit Cards

At The Federal Savings Bank, we understand that debt can pile up over months and years. Consolidating those debts with a mortgage refinance is a smart way to gain control over your finances and put money in your pocket. Our expert mortgage bankers will help you refinance, and get cash to pay off your higher-interest debt.

We can show you how to make one, low monthly payment instead of several, and pay less overall every month.

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I’d Love To Know More About Refinancing

You’ve bought a house. Now you want to see how you can further make it work for you. If you have questions about the benefits and potential issues with refinancing, we’ve got answers.

Check out videos, explore with calculators, and dig into expert advice to make sure you’re making the right move.

Go Deeper on the Issues That Impact Your Finances

You’re making a big decision. You probably have a lot of questions. At The Federal Savings Bank, we’re on your side. Check out our blog for up-to-date advice about the market, finances, and the best way to get the most out of your money.

Be confident about making a big financial decision.

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This information is intended for educational purposes only. Products and interest rates subject to change without notice. Loan products are subject to credit approval and include terms and conditions, fees and other costs. Terms and conditions may apply. Property insurance is required on all loans secured by property. VA loan products are subject to VA eligibility requirements. Adjustable Rate Mortgage (ARM) interest rates and monthly payment are subject to adjustment. Upon submission of a full application, a mortgage banker will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to you individual situation.

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Refinancing Your Home Is a Journey. Let’s Get Started.

You’re getting ready to take a big step forward. Work with a mortgage team that helps get you the rates you need to get the most out of your home.

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