Want to explore your options?
With Rocket Mortgage℠ by Quicken Loans, our fast, powerful and completely online way to get a mortgage, you can adjust your mortgage options to find the lowest payment possible.
Not comfortable starting online? Answer a few questions, and we’ll have a Home Loan Expert call you.
Why spend more than you have to? Call (800) 251-9080 or fill out this form now.
Incredibly low mortgage rates mean lowering your payment is easier than ever
- Why pay more than you have to? Don’t miss your chance to take advantage of mortgage rates at their lowest in several decades.
- Even changing the terms of your mortgage can maximize your monthly income.
- Check out our Refinance Calculator to see how a new rate and term could lower your monthly mortgage payment. Or learn how refinancing with PMI Advantage can save you money and taxes.
Every day, we help hundreds of Americans lower their monthly mortgage payment by refinancing. Contact us today and we’ll help you, too.
How do I determine if refinancing to lower my payment is worth it?
You want to answer two important questions:
- How much will I save? A lot may have changed since you bought your home — your credit score, your home value, mortgage rates. If any of these have improved, you should definitely explore how much you can lower your payment with our refinance calculator.
- Will the savings cover the costs? The costs associated with getting a new mortgage are typically added to the total refinance amount, so you probably won’t have to pay anything out of pocket. However, you’ll want to know how many months of a lower payment it will take to make up for these costs.
Why you should choose Quicken Loans
- Our exclusive online tools like MyQL let you track your mortgage process from start to finish, and our Mortgage Calculator app gives you rates right on your phone.
- With more than 30 years of experience, we’ve designed a mortgage process that adapts to your needs.
Our most popular loan options for lowering your monthly mortgage payment
- FHA Loan
Refinance out of a skyrocketing mortgage payment with the fixed-rate security of a government-insured FHA loan. Find out if you could refinance without an appraisal with our easy FHA Streamline tool.
- 30-Year Loan
Looking for a more traditional loan option? Lock in today with a 30-year fixed.
- Adjustable Rate Mortgage
Get the lowest rate available with a 5- or 7- year ARM and potentially pay thousands less over a traditional fixed rate mortgage for the first 5 or 7 years of your loan.
- VA Loan
Get a low rate and payment with the VA loan if you’re a qualified veteran, military member, or spouse. Ask us if you are eligible for the great benefits of a VA loan!