Refinancing 101: Everything you need to know

How a refinance can help you

Compare rates to get the best option for you

Closing on your refinance

Documents you'll need to close

When you apply, you may need to show:

Think about closing costs

Okay, I'm ready to refi!

Refinancing 101

Which mortgage type is right for you?

Loan types

Conforming loans

Pros:

Cons:

Who's it good for?

Nonconforming loan

Conventional loan

Government loan

Loan rates

Fixed-rate mortgage

Adjustable-rate mortgage (ARM)

Loan terms

30-year mortgage

15-year mortgage

Other kinds of mortgages

Finding the right mortgage

See how much you could save with Sage

What's a loan estimate?

Know the lingo

 Are loan estimates accurate?

Ready to see how much you could save with Sage? Fill out your application today and get your loan estimate. 

Get your loan estimate from Sage Mortgage

Is a cash out-refinance worth it?

What's a cash-out refinance?

How much cash can you get?

Deciding if it's right for you

Alternatives to consider:

Cash-out refinance pros and cons

Refinancing: What are closing costs and how can you save?

 First up: What are closing costs for a refinance?

How much can you expect to pay?

How to avoid paying closing costs upfront

Other tips to keep in mind

Next steps

What are closing costs and how can you save?

Understanding key mortgage terms

First: What's a mortgage?

Amortization

APR (Annual Percentage Rate)

Cash-out refinance

Closing costs

Debt-to-income (DTI) ratio

Discount points

Escrow

Home equity

Interest rate

Loan principal

Loan-to-value (LTV) ratio

Preapproval/prequalification

Purchase Agreement

Rate-and-term refinance

Title insurance

Key terms

Ready to purchase a home or refinance? Get started with Sage.

Understanding key terms for your refinance

Purchase

You're paying too much for your mortgage

refinance

Refinance

Bethlehem, Georgia 

About a month ago I decided to re-fi our house. I worked with multiple lenders until a co-worker turned me on to Sage. The team (A. Clemente and R. Cunningham) were really patient in making sure I understood the loan process and all the different steps. Both A. Clemente and R. Cunningham even answered their phones during their off time. Overall it was a great experience!

Quick and Easy

PBC Refinance

The refinance process was handled quite well, with constant communication from Sage. Questions were quickly answered and the whole process was very easy.

Excellent communication  and fast closing

TXrefi

Very happy with the service I received with Sage. We closed quickly, and they were fantastic about answering any questions that came up along the way. Would recommend.

Responsive and smooth

It was a pleasure to work with Sage Mortgage from start to finish! Great customer service. Fast response times. Christina Techeira was our loan officer, can't recommend her enough. Thanks! Dan & Nora

Incredible to work with  - thanks Christina!

Jonathon

Sage were patient as I met with other lenders to find the best option for me. Once I decided to go with Sage the process went very quickly and closing was effortless. Good communication, no waiting & wondering what was going on, and my questions were answered when I needed them to be.

Better than expected!

Durham, NC

Shane Crow, mortgage loan originator, and his team really helped us make the home buying process easy. Despite the uncertainty in today's economy and home markets, he found us the best rates and talked through all of our options. Any questions along the way were answered quickly and clearly. This gave us all the confidence in moving forward with our home purchase. I would HIGHLY recommend Sage Mortgage to anyone.

You're paying too much for your mortgage

How it works

Pay off debt & more

What could you do with a cash-out refi?

No spam, no hassle, no problems.

Did we mention...

We've helped our customers access

$200M in equity!

Our reviews speak for themselves

Learn more about refinancing

Refinance

Refinancing 101: Everything you need to know

Refinance

Purchase

Which mortgage type is right for you?

Refinance

Purchase

What's a loan estimate?