06/02/2026
💡 Did you know? On many conventional loans, you may be able to lower your monthly payment without refinancing but through a mortgage recast!
A recast allows you to apply a lump sum toward your principal balance and have your payment recalculated based on the new lower balance — while keeping your same interest rate and loan term.
✔️ No refinance
✔️ No new appraisal
✔️ No credit pull
✔️ Lower monthly payment
If you’ve recently received a bonus, inheritance, or have savings you’d like to apply toward your mortgage, a recast could be a smart option!
Let’s talk about whether it may work for you.
Rolanda Knight
CrossCountry Mortgage
📞 318-465-2260
NMLS #381024