Refinancing: what to expect

Though it may seem daunting, refinancing your home might be easier than you think. As the creators of The Ultimate Home Buying Experience Caliber Home Loans has leveraged the best of today‘s cutting-edge technology to create a faster, easier home loan process. We tap into that same innovative process when it comes to refinancing your mortgage, meaning a faster process through verifying your income, assets and credit score, and getting you into a newly refinanced loan in as little as 10 days.*

Your refinancing checklist 

1. Decide on a goal: Do you want to reduce monthly payments, shorten the loan term, make some needed home improvements?
2. Work with your Caliber Loan Consultant to find the best mortgage refinance rate that fits your needs.
3. Submit your application on our website or at a Caliber Loan Consultant’s office.
4. Review your options with your Caliber Loan Consultant. We’ll help you pick the best plan and tell you how much cash you’ll need for closing costs.
5. Lock in your rate. When you lock the interest rate, it can’t be changed during a specified period. We’ll make sure you close the loan before the rate lock expires.
6. Close on the loan. This is when you’ll pay those closing costs. Then you’re done!

When you apply, either online or at your nearest Caliber Loan Consultant’s office, you’ll authorize us to verify your income, bank records, employment, and property details electronically, and you’ll be on your way to a faster path to closing.

With a wide range of lending solutions to suit any situation, Caliber Home Loans is here to give you more of what you want: a smooth and quick refinancing process.

*Some loan applications are not suited for digital delivery of asset, income, employment, and other documentation required for loan approval. Processing and closing times vary depending on the nature and complexity of the transaction.