Refinance FAQ

To lower your payment, when rates fall below your current rate. To pay off faster, into a shorter term. To get cash, a cash-out refinance or a home equity loan, depending on how your rate compares with today's.

Conventional fixed and adjustable rate refinances, Jumbo refinance, FHA Streamline, FHA to conventional, cash-out refinance, VA IRRRL, VA cash-out and fixed-rate home equity loans, all with ZERO Closing Costs.

Most CapCenter refinances close within 30 days of application: about two in three from November 2025 to October 2026. Complex situations can take longer.

Many refinances need one, but not all. Either way, CapCenter covers the appraisal under ZERO Closing Costs.

Yes. With ZERO Closing Costs there are no closing costs to recoup, so you can refinance again when rates fall.

Often. With 20% equity you can refinance into a conventional loan without PMI, including from an FHA loan.

Yes. If you have an FHA loan, an FHA Streamline refinance is one of our refinance options, with ZERO Closing Costs.

A home equity loan keeps your first mortgage and its rate and adds a second fixed-rate loan. A cash-out refinance replaces your mortgage with one larger loan. Both come with ZERO Closing Costs.

Qualified applicants can borrow up to 85% of their home's value, including your existing mortgage. The amount depends on your home's value, your equity, and factors like your credit and income.

You pay ZERO Closing Costs with CapCenter (restrictions apply), and an appraisal isn't required in most cases.

No. We offer fixed-rate home equity loans: one lump sum, one fixed rate, one set payment.

Single-family primary residences and second homes. Investment properties, condos, 2–4 unit and manufactured homes are not eligible.