Mortgage refinance — find the right option for you
Refinancing gives you the ability to lower your monthly payment, reduce the total interest you pay, shorten your loan term, or tap into your home's equity. At First Commerce Financial, we shop multiple lenders across Michigan, Florida, Arizona, and Texas to find the best option for your situation — no junk fees, complete transparency on costs from day one.
Rate & term refinance
Replace your current loan with better terms. Your goal is a lower rate, lower payment, or a shorter payoff timeline.
- Lower your interest rate
- Reduce your monthly payment
- Shorten to a 15- or 20-year term
- Switch from an ARM to a fixed rate
Cash-out refinance
Replace your mortgage with a larger loan and receive the difference in cash — access the equity you've built over time.
- Access your home's equity in cash
- Fund home improvements or repairs
- Consolidate high-interest debt
- Cover major expenses tax-efficiently
No closing cost refinance
Refinance without paying out of pocket at closing. We roll the costs into your rate — a smart option if you want to preserve cash or aren't planning to stay long-term.
Learn how it works →Rate Watch system
Not ready to pull the trigger today? We'll monitor rates for you and reach out when it makes financial sense to refinance — no action needed on your end.
Sign up for Rate Watch →Not sure which refinance is right for you?
My payment feels too high and I want to reduce it
Rate & termI want to do a kitchen or bathroom renovation
Cash-outI want to pay my home off faster without a huge payment jump
Rate & termI have high-interest credit card debt I want to consolidate
Cash-outI have an ARM and want to lock in a fixed rate
Rate & termI need cash for a major expense and have equity to work with
Cash-outRates dropped since I bought and I want to take advantage
Rate & termI'm not sure when rates will be right — I'd rather wait and watch
Rate WatchStill not sure? Let's run the numbers together.
No pressure, no obligation — just a straight conversation about whether refinancing makes sense for you right now.
