Jefferson Bank

  • a homeowner refinancing their home loan
Mortgage Center > Refinance Your Home

  • Refinance Your Home

    Explore your options and homeownership goals to determine if refinancing your mortgage is right for you.

    Before making your decision, come see us. We will sit down with you and provide the tools you need to make refinancing your home as successful and beneficial as possible for both you and your wallet.

    There are several reasons you might want to refinance your home.

    • Lower your monthly payments
    • Pay off your mortgage faster
    • Reduce interest rates
    • Get to a fixed interest rate

  • Refinance Your Home

    Lower Your Monthly Payment
    		 Sign up for our rate watch to monitor current interest rates and look for opportunities to lower your monthly payment. With a lower interest rate, you’ll not only lower your monthly payment, but you’ll also pay less over the life of your loan. This will free up funds to use for retirement, savings, paying off debt or other financial goals.
    Pay Off Your Mortgage Faster
    		 If you refinance your home loan to a shorter-term mortgage, you could reduce the overall cost of interest and make fewer payments over the life of your loan. Depending upon your financial situation, it may make sense to pay a higher monthly payment; however, you would pay off your loan more quickly and be able to focus on other financial goals like saving for retirement. We recommend that you visit with a mortgage loan officer and your tax professional to see if refinancing to a shorter term loan makes sense for you.
    Reduce Your Interest Rate
    		 If you have an Adjustable-Rate Mortgage (ARM), you may want to refinance to get a reduced interest rate, especially if you want to have the stability of an interest rate that won’t change over time. You can follow our rate watch to keep a close eye on current interest rates and receive an alert when they hit your targeted rate. A lower interest rate typically means lower monthly payments.
    Get to a Fixed Mortgage Rate
    		 An Adjustable Rate Mortgage (ARM) has a lower initial interest rate than a fixed-rate mortgage for a set period of time. It may be the right time to refinance to a fixed-rate mortgage if the market index has risen from the time of your original loan. You get the benefit of stability and protection from rising interest rates and future payment increases. We offer a variety of fixed-rate mortgages and will always work to make sure you are comfortable with the terms of your fixed-rate mortgage.

Helpful Links  

Apply Now

Website Links

Connect with Us

External Links

Research  

Home Loans

Home Loans

If you want to buy or refinance your home, start with our Mortgage Center.

Learning Center

Learning Center

Discover a range of valuable financial topics in our Learning Center.

Calculators

Calculators

Can you afford that home? Or pay off that debt? Try one of our Financial Calculators.

Financing

Financing

Pay off debt or purchase that new vehicle with our flexible financing options.

Credit

Credit

Our credit cards are a tool that can help you manage your finances with awesome rewards!

Customer Service  

FAQs

FAQs

Have a question? Check out our most frequently asked Online Banking questions.

Contact Us

Contact Us

If you have a complaint, question, or a compliment, we'd love to hear from you.

Secure Email

Secure Email

Send a message to customer support through our secure email channel.

Lost/Stolen Card

Lost/Stolen Card

Call us 24 hours a day, 7 days a week as soon as you realize your card is lost or stolen.

Email Customer Service

Email Customer Service

Questions? Email Central Bank's customer service team.