When does refinancing make sense?
- Lower your rate (break-even in under 2 years is a clear win)
- Remove PMI once you've reached 20% equity
- Shorten the term to pay off your home faster
- Access equity with a cash-out refinance
- Switch from an ARM to a fixed-rate loan before reset
Need cash for a renovation or to consolidate debt? See our full Colorado cash-out refinance guide.
Refinance by program type
Rate-and-Term Refinance
Lower your rate or change your term — no cash out. Works on any loan type.
Learn moreCash-Out Refinance (CO)
Tap up to 80% LTV in equity for renovations, debt payoff, or investments.
Learn moreFHA Streamline Refinance
For existing FHA loans — no appraisal, no income docs, fast close.
Learn moreVA IRRRL
VA streamline — no appraisal, often no out-of-pocket cost. Existing VA loans only.
Learn moreUSDA Streamline Refinance
USDA Streamline & Streamline-Assist — no appraisal for existing USDA borrowers.
Learn moreRefinance programs we offer
Rate & Term
Lower your rate or change your loan term without taking cash out.
Cash-Out
Access up to 80% LTV in equity for renovations, debt consolidation, or investments. See our full cash-out guide.
Learn moreFHA Streamline
For existing FHA loans — no appraisal, minimal docs, fast turn time.
VA IRRRL
VA's interest rate reduction refinance — no appraisal, no income docs, available to veterans with existing VA loans.
Jumbo Refinance
For loan balances above conforming limits in Colorado — including high-cost mountain counties.
Refinance FAQ
How do I know if refinancing makes sense?
Run a break-even analysis: divide your total closing costs by your monthly savings. If you'll keep the loan longer than the break-even period, refinancing usually wins.
Can I refinance with less than 20% equity?
Yes. FHA Streamline and VA IRRRL require no equity. Conventional refinances typically need 5–20% equity depending on the program.
How long does a refinance take?
Typically 3–4 weeks from application to closing.
Will refinancing hurt my credit?
We start with a soft pull for the initial quote. A hard pull only happens when you formally apply, and the impact is small and temporary.
Don't want to give up your rate? Tap equity without refinancing.
If you locked in a low first mortgage rate, a HELOC or fixed-rate home equity loan lets you access your equity without touching your first mortgage.
HELOC
Revolving line up to $500k. Interest-only during the draw period.
Explore HELOCHome Equity Loan
Fixed-rate lump sum with a fixed payment and term.
Explore home equity loansGet a real refinance quote
Soft credit pull, no obligation, real numbers — usually same day.