Refinance with First Tech.

A pre-qualification for a mortgage refinance lets you know how much you can borrow based on some basic financial information such as your income, debt, savings, assets and a credit check. It’s not a loan agreement but will provide an estimated monthly payment amount so you can evaluate if a refinance makes sense.

Fixed-rate home loans are the most common type of mortgage. With fixed-rate home loans, you'll maintain the same payment and interest rate throughout the life of the loan. That means you’ll never worry about rising interest rates or a changing economy when it comes to your home loan.

It’s perfect if you plan on staying in your home for at least five years.

• Easy application process
• No pre-payment penalty

An Adjustable Rate Mortgage (ARM) helps you qualify for more home thanks to lower payments during the first three to ten years of the loan. After that, the rate adjusts, which could change the monthly payment. ARMs are ideal if you plan on being in your home for a short period of time. Because ARMs are subject to rate adjustments later on, the initial interest rate is typically set lower than on a standard fixed-rate loan. This can benefit you with a lower payment that reduces your monthly housing costs.

• Fixed interest rate for 5, 7 or 10 years
• Rate adjusts annually thereafter
• Easy application process