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Iowa Mortgage Solutions
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Refinance a home

Refinance your mortgage anywhere in Iowa.

A home refinance can lower your rate, change your term, remove mortgage insurance or put your equity to work. Looking to refinance near you? We serve homeowners across Iowa, and we shop multiple lenders so it actually saves you money.

Check refinance savingsCall 319-377-1988

The break-even rule

Closing costs divided by monthly savings equals months to break even

$4,200

costs

$175

saved monthly

24

months

Example only. Stay longer than the break-even point and the refinance pays you back.

Reasons to refinance

Six ways a refinance can help

  • Lower your rate

    Cut your monthly payment and the interest you pay over the life of the loan.

  • Shorten your term

    Move from 30 years to 15 or 20 and own your home years sooner.

  • Drop mortgage insurance

    Refinance out of FHA mortgage insurance once you have enough equity.

  • Take cash out

    Turn equity into cash for renovations, tuition or a major expense.

  • Consolidate debt

    Roll high-interest balances into one lower payment.

  • Streamline FHA or VA

    FHA Streamline and VA IRRRL programs lower your rate with less paperwork.

Choosing the right refinance

Refinance types compared
FeatureWhat it doesGood for
Rate and termChanges your rate, your term or bothLowering payments or paying off sooner
Cash-outReplaces your loan with a larger one and pays you the differenceRenovations, tuition, consolidating debt
FHA StreamlineSimplified refinance of an existing FHA loanLowering an FHA rate with less paperwork
VA IRRRLStreamlined rate reduction for VA loansVeterans with an existing VA loan

Rebuilt your credit? Refinance into a better rate

Many of our clients first bought with a loan that fit their credit at the time. After 6 months to a year of on-time mortgage payments, lenders typically become willing to refinance, often at a noticeably better rate. If that is you, call us. Your options may have improved more than you think.

How a refinance works with us

  1. 1

    Savings review

    We compare your current loan with today's options and calculate the break-even point.

  2. 2

    Application and documents

    Income, assets and a mortgage statement. Streamline programs need even less.

  3. 3

    Appraisal if required

    Some refinances need one. FHA Streamline and VA IRRRL often do not.

  4. 4

    Close and start saving

    Your new loan pays off the old one, and your savings start with the first new payment.

Questions answered

Refinance questions

When the savings outweigh the cost. Divide your closing costs by your monthly savings to find your break-even point in months. If you plan to stay in the home longer than that, refinancing usually pays off.

See what a refinance could save you.

One conversation tells you which programs you qualify for, what your payment could be and what to do next. No pressure and no cost.

Check my savings319-377-1988
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