Bottom Line Up Front
The simplest refinance — change your rate, term, or both without accessing equity. Most common for reducing payments or accelerating payoff.
Overview
The simplest refinance — change your rate, term, or both without accessing equity. Most common for reducing payments or accelerating payoff.
Who Qualifies?
5% equity minimum. 620+ credit.
Key Benefits
- ✓Best refinance rates
- ✓Lower payments
- ✓Shorten or extend term
- ✓ARM-to-fixed conversion
✅ Pros
- Lowest refi rates
- Simple process
- Maintain equity
⚠️ Considerations
- No cash access
- Closing costs apply
California-Specific Information
Straightforward and widely available from California lenders. Compare total costs vs savings for breakeven analysis.
Rates & Pricing
Comparable to purchase rates — the lowest available refinance rates.
Why Choose Save Financial for Rate-and-Term Refinance?
Save Financial is a trusted California mortgage broker (NMLS #377740) with 45 years of combined experience and relationships with 20+ wholesale lenders. We specialize in finding the best rate-and-term refinance rates and terms for California borrowers. Our $500 price guarantee means if we can't beat another lender's offer, you get $500. We serve 60+ California cities from our offices in Newport Beach and Marina del Rey, and our team speaks English and Spanish.
Call (888) 703-1840 or get a free quote online — open 7 days a week, 9AM–8PM.
$500 Cash Loan Price Match Guarantee
Get a written offer from any lender. If Save Financial cannot beat it for the same product, we pay you $500 cash.
NMLS #377740 · DRE #01875766 · Call (888) 703-1840
Reviewed By
Mike Baasti, Licensed Mortgage Broker
Founder of Save Financial, Inc. (NMLS #377740) in Newport Beach, CA. 20+ years in residential and investment lending across conventional, FHA, VA, jumbo, hard money, bank statement, and specialty mortgage programs.