Refinance Rates
Our competitive refinance rates are designed to help you make the most of your home's equity. We provide clear, up-to-date rate information to help you make an informed refinancing decision.
Mortgage Refinance
Refinance Your Mortgage Today
Lower your monthly payments and/or pay off your mortgage faster.
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Refinance your mortgage today.
Enjoy the benefits of refinancing your mortgage today.
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Potential for Improved Loan Terms
Opportunity to adjust your mortgage rate or term during the refinancing process to lower your monthly payments and/or pay off your mortgage faster.
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Access Home Equity
Convert a portion of your home equity into cash with a Cash-out refinance.
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Potential Tax Benefits
Interest on your refinance may be tax-deductible (consult a tax advisor for details).
How Mortgage Refinancing Works
Application
Connect with one of our Mortgage Loan Officers to apply for a mortgage refinance. We will guide you throughout the process.
Assessment
We’ll determine your home's value to see opportunities to lower your monthly payments and/or pay off your mortgage faster.
Approval23
We will review your application and provide a decision based on your home's value and your financial situation.
Closing
If approved, we will finalize the refinance at closing so you can start enjoying your improved mortgage terms.
Connect with a Mortgage Loan Officer
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Expert Guidance
Our loan officers will provide personalized advice and guide you through the refinancing process.
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Personalized Solutions
We'll help you find the refinancing option that best fits your financial goals.
Estimate Your Savings
Use our refinance calculator to estimate how much you could save or what your new monthly payment could be.
Frequently asked questions about mortgage refinancing.
If you are looking to lower your rate, term, or obtain cash out, refinancing your mortgage may be an option with us. For expert advice, please contact one of our Mortgage Loan Officers.
Coastal charges a low application fee of $1,250. You receive substantial savings because there are no charges for document prep or credit reports. Additional charges may apply depending on the interest rate and loan program you choose.
Depending on interest rates and your financial needs, refinancing may: (1) lower your monthly payments (2) reduce the amount of interest you pay over the life of the loan and (3) pay your loan off faster.
On average, the mortgage approval process may take up to 30 days. However, depending on the situation, the process may be shorter or longer.
Yes. Cash-out refinancing allows you to turn equity into cash; loan-to-value limits apply. For expert advice, please contact one of our Mortgage Loan Officers.
Yes. Refinancing may affect your credit score initially.
You can apply online through the Coastal website, through the Coastal App on your mobile device, or by phone at 800-868-4262.