Conventional loan refinance made for you
A conventional loan refinance helps you reshape your mortgage around the life you are building today. Lower payments, remove PMI, shorten your term, move to a steady fixed rate, or responsibly access equity so your mortgage finally works in your favor.
Guidance homeowners rely on
Thousands of families just like yours have found clarity and confidence through a conventional loan refinance guided by a mortgage team committed to their success.
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Choose the conventional loan refinance that fits your plan.
Lower your payment, unlock cash, or lock in predictability. Pick the path that matches your goal.
Conventional Jumbo Refi
Refinance your high-balance home with competitive jumbo pricing, clear requirements, and a payment plan that fits you.
Conventional Cash-Out
Turn your equity into cash for projects or debt payoff while keeping one simple mortgage and a budget you control.
Conventional Rate and Term
Lower your rate or shorten your term with fast timelines and a clean, predictable closing.
Our Rates For You
CONV 30 Year Refi
CONV 15 Year Refi
Rates and APR shown are based on a $350,000 loan amount, 850 credit score, primary residence, single family home, 75% loan to value ratio, and owner occupied property. Payment example assumes no other liens on the property and includes principal and interest only. Taxes, insurance, mortgage insurance, and escrow items are not included and will increase the actual payment. Rates, APR, and points are subject to change without notice and may vary based on credit profile, property type, occupancy, loan to value, loan amount, and other qualifying factors. Not all borrowers will qualify.
Advice that starts with your goal
The conversation begins with what you want your payment and timeline to do. Every scenario is built around the outcome you care about, then shown in numbers you can trust.
Side-by-side math you can follow
A conventional loan refinance shows side by side options with clear payments, total interest, and breakeven timing so you can choose with confidence.
Transparent costs
You see every cost and why it exists before moving forward. Each line item is explained clearly, including when rolling expenses into the loan makes sense.
Process that respects your time
Document requests come with clear checklists. Updates arrive before you even have to ask. One steady point of contact keeps your refinance moving so you can stay focused on life.
Momentum without pressure
You set the pace. If a refinance does not leave you better off, you hear that clearly along with the conditions that could change the answer. Trust always outweighs pressure here.
Conventional refinancing does not have to feel overwhelming.
The power to drop PMI.
Private mortgage insurance is temporary. With enough equity, a conventional loan refinance can remove PMI and free up monthly cash for what matters most.
Budget control, not budget hope.
With enough equity, a conventional loan refinance can remove PMI and free up monthly cash.
Term control that matches your season.
Shorten the term if you want the home paid off sooner. Stretch it if you need breathing room today. Your life sets the pace.
Flexibility for the property you already own.
Conventional guidelines fit many homes, condos, and townhomes, letting a conventional loan refinance keep your options open while you focus on the plan that fits your life.
A simple 4-step process that takes the mystery out
Soft-pull pre-check
Start with a soft credit pull to see rate ranges, payment estimates, and cash out potential with no impact to your score and no commitment.
Compare your paths
Your options appear side by side, comparing lower payments or faster payoff, fixed or adjustable, and cash at closing or none, with visuals showing when the refinance becomes a net win.
Underwriting and appraisal
Provide essentials once, upload securely, and track progress from a clean dashboard. If an appraisal is needed, the schedule is managed and expectations are clear. If not, you move faster.
Close and exhale
You sign once. The new payment date is set. If you chose cash-out, proceeds are scheduled and transparent. You finish with zero questions about what happens next.
Real people. Real challenges. Real mortgage success.
The calculator that tells the truth
This is not about chasing a perfect rate. It is about finding the path that serves you best right now.
Your conventional loan refinance questions answered clearly.
Still unsure? Talk to someone who hears you, not a script.
A conventional loan refinance replaces your current mortgage with a new one designed around your updated goals. You can lower your payment, shorten the term, remove PMI, or access equity if needed. The process includes an application, an updated credit review, and a clear breakdown of your new rate and costs so you can choose the option that serves you best.
A conventional loan refinance makes sense when the new payment, rate, or term improves your life today or strengthens your financial future. Many homeowners refinance to lower monthly costs, eliminate PMI, secure a fixed rate, or reduce long-term interest. Comparing scenarios side by side shows whether the savings outweigh the costs.
Yes, you can remove PMI with a conventional loan refinance once you reach enough equity in your home. Lenders typically require 20 percent equity to eliminate mortgage insurance. If your value has increased or your balance has dropped, a refinance may free your budget from monthly PMI and create more room to plan ahead.
Most conventional refinance options work best when you have at least 20 percent equity, though some programs vary. More equity can lead to better rates, the removal of PMI, and access to responsible cash-out options. Your equity level helps shape which refinance path will support you most effectively.
Yes, a conventional loan refinance can lower your monthly payment by reducing your interest rate, extending your term, or removing PMI. Each change affects your budget differently. Seeing these scenarios side by side helps you understand which option creates the most breathing room in your month.
Yes, shortening the term during a conventional loan refinance can reduce years of interest and speed up payoff. This option typically raises the monthly payment slightly but can save significant long-term costs. It is a strong fit for homeowners whose budgets allow a faster path to ownership.
Yes, cash-out is an option with a conventional loan refinance when you have enough equity. You can use the funds for renovations, debt consolidation, investments, or major life needs. The key is choosing an amount that supports your goals without adding stress to your monthly budget.
Most conventional loan refinance programs work well with good to excellent credit, often starting around 620 and improving with higher scores. Strong credit can lower your rate and increase your options. Even if your score is still growing, reviewing scenarios can show what is possible now and what may become available soon.
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Advertised offers are not guaranteed if you do not continue to meet Oxford Home Lending's criteria and other factors bearing on your creditworthiness. Rates will vary depending on your loan term, loan type, credit profile & score, down payment, qualifying ratios, and property collateral. Monthly payments do not include property taxes, property insurance, and homeowners' association dues. Since costs can vary based on a loan program, closing costs are not shown in the examples. To qualify for a mortgage, borrowers must be U.S. citizens or permanent residents, and meet Oxford Home Lending's underwriting and Investor requirements. Interest rate examples are as of 03/03/2026 and subject to change without notice. All loans are subject to underwriting or investor approval. Other restrictions may apply. This is not an offer of credit or a commitment to lend. Rate subject to change depending on time of lock.
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Lower, LLC | NMLS ID# 1124061 | 5950 Symphony Woods Road Suite 312 Columbia, MD 21044 | Equal Housing Opportunity | https://nmlsconsumeraccess.org/ | Not an offer of credit or commitment to make a loan; all approvals are subject to underwriting guidelines including but not limited to acceptable current credit worthiness, income history, debt ratio, etc. Loan programs & options are subject to change at any time. Rates will vary depending on your loan term, loan type, credit profile, down payment, and qualifying ratios. Rates can change daily. Some restrictions may apply.
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Refinance: By refinancing your existing loan, your total finance charge may be higher over the life of the loan.
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