Stop paying more for your mortgage than you have to.

What type of loan are you looking for?

Refinance your way to a smarter home loan.

Property values are on the rise while Interest rates remain historically low — which means there are lots of potential advantages to refinancing your home loan. You may have the opportunity to lower your monthly payment and put tens of thousands of dollars back in your pocket.

If you received an offer in the mail with your Personal ID Number, you’ve been preselected as someone who may benefit from a Rate Reduction Refinance Loan. Are you interested in lowering your payment? Do you want to consolidate high-interest debt or get cash out? One of our specialists can walk you through all the possibilities. Your property might even qualify for an appraisal waiver,* which could save time and even more money.

With Embrace, the application process is fast and easy, and there’s never an application fee. Whether you refinance your mortgage or purchase a new home, a dedicated mortgage specialist will help you get the right loan for your needs and goals.

Get Cash Out

With a cash-out refinance, you use the equity you’ve built up in your home to get cash for other expenses. Tapping into your home’s equity is a great way to get extra money, and the beauty of a cash-out refi is you can use the cash for anything you choose.

Renovate your home, pay for college, or make a large purchase
Increase your cash flow
Create an emergency fund to prepare for unforeseen expenses
Consolidate high-interest debt
Turn your passion project into a profitable side business

Bill Consolidation

A debt consolidation refinance lets you roll your credit cards, car loans, medical bills, and other debt into one convenient monthly payment. Mortgages typically offer much lower interest rates than other loans, so this could result in lower monthly payments.

Get a tax break — home loans are typically tax deductible, while interest on credit cards and other loans are not**
Simplify your finances — reduce multiple bills into one low monthly payment
Pay off your high-interest debt in one easy payment
Pay important expenses like medical bills, college tuition, or business necessities

Lower Payments

Interest rates are historically low, and a lower rate means significant savings and greater financial security for you and your family. See how much money you can put back into your own pocket over the life of your loan.

Lower your interest rate
Reduce your monthly payments
Pay off your mortgage faster
Put tens of thousands of dollars back in your pocket
Don’t touch the equity in your home

FHA Refinance

An FHA Streamline Refinance allows borrowers to quickly refinance their existing FHA loan to a lower interest rate, resulting in lower monthly payments. The extra money at the end of each month can go a long way toward helping you reach your financial goals.

No appraisal in most cases
Limited documentation
Mortgage-only credit pull
Lower monthly payment

Enjoy white-glove service!

Embrace has been helping people save on their mortgage for over 38 years. A loan specialist will guide you through the process from day one to closing day, helping you choose the loan that best fits your needs.

What you can expect with Embrace:

No application fees and no hidden fees
A complimentary, no-obligation mortgage review
Ability to obtain your loan status online, 24/7
Convenience — take care of everything from your home or office
Customized loan options to match your situation

Frequently asked questions

Do I need to take cash out of my house to free up cash?

No, not at all. While a 15-Yr Fixed Rate and Term Refinance is one of the lowest fixed rates available and you could save significantly over the life of the loan plus shorten the term of your loan, it might not be right for you.

There is also a 30-Yr Fixed Rate and Term Refinance, which is set at a longer term to accommodate your budget restraints (different rates and terms might apply). It can be most helpful if you need some extra cash monthly and either don't have enough equity or don't want to use it. You can then use the extra cash each month to:

Take care of climbing expenses.
Pay down other high-interest debt.
Provide you a little financial relief each month.

What is a mortgage review?

During a complimentary, no-obligation mortgage review, one of our loan specialists will take a close look at your current mortgage to see if they think it’s still the best financing option for your needs and goals. Considering today’s historically low interest rates, a mortgage review makes a lot of sense. As part of your mortgage review, you’ll find out if you can:

Lower your interest rate
Reduce your monthly payments
Shorten your loan term
Refinance out of an adjustable-rate mortgage (ARM) or into an ARM
Use your home equity for renovations or to meet other needs

What is an appraisal waiver and how could it help me?

An appraisal is the step in the mortgage process when the value of your property is verified by a third-party appraiser. Fannie Mae and Freddie Mac have concluded that, in some instances, they do not need a formal appraisal and can instead rely on their data models to determine the value of your property. If your home qualifies, you will save both time and money when you refinance your mortgage.

Where can I find my Personal ID Number, and why do I need it?

If you received an offer in the mail from Embrace, your Personal ID Number will be located next to your offer details. Have your number ready when you speak to one of our expert loan officers as it will help us pull up your specific offer in our system and save time on your application.

The "respond-by" date in my offer has passed. Can I still refinance with Embrace?

While your specific pre-qualified offer may have expired, you should still reach out to an Embrace mortgage specialist to speak with them about your options, learn about today’s rates, and receive a no-obligation mortgage review.

"Paul is a great resource of information. He makes the process of re-financing run smoothly and easily. It was a pleasure working with him."

- Kimberly, MA

*Your home may qualify for an appraisal waiver — Fannie Mae and Freddie Mac have concluded that in some instances they do not need a formal appraisal of the property and can rely on their data models to determine the value of your property.
**Please consult a tax advisor for further information regarding the deductibility of interest and charges.