10/30/2026
🏡 Could a Rate-and-Term Refinance Make Sense for You Right Now?
If your current mortgage rate or loan terms no longer fit your financial goals, it may be worth taking a closer look at a rate-and-term refinance.
Here are a few reasons homeowners may consider refinancing:
💰 Lower Your Interest Rate – If you qualify for a lower rate, refinancing could reduce the interest you pay over the life of the loan.
📉 Potentially Lower Your Monthly Payment – A new rate or loan term may help reduce your monthly principal and interest payment.
📆 Change Your Loan Term – You may be able to shorten your term and pay your mortgage off sooner or choose a longer term for a lower monthly payment.
🏠 Improve Your Loan Structure – Refinancing can be an opportunity to review your current mortgage and see whether different terms better fit your goals.
⏰ Timing Matters – Mortgage rates and market conditions can change. The right time to refinance depends on your individual loan, costs, rate, equity, and financial goals.
The key is running the numbers—not guessing. If you’re wondering whether refinancing could benefit you, let’s look at your current mortgage and see what your options look like.
📲 Eric DeLarco
NMLS #187490 | 865-429-0308
[email protected]
📲 Bridgett Goins
NMLS #2762575 | 863-557-6068
[email protected]
Mortgage Loan Corporation – NMLS #187045 | Equal Housing Lender
This is not a commitment to lend. All loans are subject to credit approval and property evaluation. Programs, rates, terms, and conditions are subject to change without notice.