Waterstone Mortgage - Fort Walton Beach, FL

Conventional refinance mortgage loan options for homeowners

Are you considering a home refinance? Conventional refinance loans are the bread and butter of refinance business. In other words, conventional loans are the most common type of loan, and conventional financing just means the loan is not made or insured by the Federal Housing Administration (FHA). Conventional refinance loans have distinct advantages such as:

Options Galore! You can refinance your primary residence, second home, or rental property
Take Your Pick. You have the choice of fixed rates, adjustable rates (ARMs), and loan-term options from 10-30 years
Save Some Dough. Mortgage insurance costs less than with government loans and can be cancelled when your home equity reaches 20%. Check out our Select Smart loan program, which is a conventional loan program with no mortgage insurance

Learn More About the Conventional Refinancing Loan Application Process

Get started by finding a mortgage loan professional in your area.

Have you been paying the same mortgage payment amount each month for years? Our Refinance Calculator can help you determine what your new monthly payment might be.

_{All loan requests are subject to credit approval as well as specific loan program requirements and guidelines. With Adjustable Rate Mortgage loans, the rate is variable and may increase or decrease every year after the initial fixed rate period based
on changes to an index. This could result in an increase in the monthly payment.}