It is never the wrong time to think about refinancing your mortgage. Your monthly mortgage payment is the largest expense item within your monthly budget, and you should manage it proactively.

Click for  Conforming Rates or Jumbo Rates


When you refinance, your objectives should be one (or more) of the following:

• Lower your interest rate and monthly payment,
• "Cash out" some of the equity in your home, which you can use for home improvements, consolidation of debt, college tuition, medical bills, etc.
• Convert from an Adjustable Rate Mortgage (ARM) to a Fixed-Rate

We will tell you the advantages and disadvantages of refinancing.  We may be able to recommend a refinancing program that saves you thousands of dollars.  Or, maybe your current rate is great, and there is no economic benefit for you to refinance.  Bottomline--you need to be proactive.  You need to ask the questions.  You need to manage your debt, and you need to protect the well-being of your family.

No Point / Closing Cost Option

If you refinance, then you may be interested in our No Point/No Closing Cost Option. At the closing, Capstone will pay the following fees on your behalf--the appraisal fee, the credit report fee, the lender's processing/underwriting fees, the closing attorney fees, the title insurance fee, and the town recording fees.  It's not magic, nor are the fees rolled into the loan amount.  How does it work?  We receive an array of rates from our lenders. The higher the rate the more commission we receive.  If we increase the rate by 1/8%, we receive more commission.  We take the excess commission and pay these fees.  If this new rate is lower than your current rate, then you need to refinance immediately. You are lowering your rate, and it costs you nothing.

Click for  Conforming Rates  or  Jumbo Rates