+ LR-Icons

Mortgage refinancing

Make your home equity work harder for you.

You can refi to lower monthly payments, or get cash to pay down debt or upgrade your home.
Check your rates today—with no impact to your credit score!

Check My Rates

Mortgage Refinancing Made Easy

Find Your Road Home.

If you owe less on your mortgage than your home's current value, you may be able to turn this equity into extra cash. Laurel Road offers cash-out refinancing that can help put money in your pocket for bills, home improvements, and other unexpected costs.

Get Started

The Laurel Road Difference

Smart.

The information you need to find the right mortgage, with real rates upfront

Simple.

Clear terms and fees online, with human support when you need it

Secure.

Protected data, and the financial relationship you deserve from a bank

Mortgage Rates

The rates shown here assume a loan size of $350,000 for a primary occupancy single family home in CA, a downpayment of 20%, and a credit score of 720 or higher. Monthly payments do not include property taxes and insurance.

These rates are valid as of Dec 17, 2018 @ 6:29 AM UTC.

Loan Term
30 Year Fixed
 
 
 
 
20 Year Fixed
 
 
 
 
15 Year Fixed
 
 
 
 
5/1 ARM
 
 
 
 
7/1 ARM
 
 
 
 
Rate
4.375%
4.50%
4.625%
4.75%
4.875%
4.25%
4.375%
4.50%
4.625%
4.75%
3.625%
3.75%
3.875%
4.00%
4.125%
4.375%
4.50%
4.625%
4.375%
4.50%
4.625%
4.75%
4.875%
APR
4.395%
4.52%
4.645%
4.77%
4.895%
4.277%
4.402%
4.527%
4.652%
4.777%
3.659%
3.784%
3.909%
4.034%
4.159%
5.022%
5.068%
5.114%
4.907%
4.967%
5.028%
5.088%
5.149%
Monthly Payment
$1,747.50
$1,773.40
$1,799.49
$1,825.77
$1,852.23
$2,167.32
$2,190.73
$2,214.27
$2,237.96
$2,261.78
$2,523.63
$2,545.28
$2,567.04
$2,588.91
$2,610.89
$1,747.50
$1,773.40
$1,799.49
$1,747.50
$1,773.40
$1,799.49
$1,825.77
$1,852.23

Cash-Out Refinance

Cash-out on your mortgage so you have the money to focus on the things that matter.

Get Started

Explore Our Resources

The information you need to make informed home financing decisions.

Frequently Asked Questions

Questions come up, and we have answers.

  • Who is Laurel Road?

    Laurel Road Bank is a Connecticut state-chartered bank offering products in all 50 U.S. states, Washington, D.C. and Puerto Rico. Laurel Road has helped thousands of professionals with graduate and undergraduate degrees across the country to refinance and consolidate over $4 billion in federal and private school loans, saving these borrowers thousands of dollars each.

    Laurel Road is a trade name licensed by Laurel Road Bank. Laurel Road is a federally registered service mark of Laurel Road Bank. Laurel Road Bank is an Equal Housing Lender, Member FDIC. NMLS ID # 402942.

  • How does the appraiser determine the value of my home?

    By gathering the most recent comparable sales that are most similar to the subject property both in square footage, style and location.

  • Is Laurel Road a direct lender?

    Yes, Laurel Road is a direct lender, which means we support borrowers throughout the entire loan process and provide funds at closing.

Read Our Blog

Quick tips for financing your home.

Good Debt, Bad Debt. Is There a Difference?

6 Home Décor Trends in 2018 That Will Give Your...

Need Cash? Mortgage Cash-Out Refinance vs. Pers...

Reasons to Refinance a Mortgage Whether Rates A...

The Cool Zones: Ten of the Hippest Zip Codes in...

Want to budget like a Nobel Prize winner?

Disclaimers

The Annual Percentage Rate (APR) is for informational purposes only and is subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, credit score, loan to value, refinance with cash out, state specific fees, and other variables.

Adjustable rate mortgage (ARM) interest rates and payments are subject to increase after the initial fixed-rate period (5 years for a 5/1 ARM, 7 years for a 7/1 ARM and 10 years for a 10/1 ARM). ARM rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period: ARMs assume a 30-year term. For more information on ARMS please click here.

Terms and Conditions

MORTGAGE TERMS AND CONDITIONS

Equal Housing Lender

Laurel Road Bank is an Equal Housing Lender and complies with the Federal Fair Housing Act. Laurel Road Bank does not engage in business practices that discriminate on the basis of race, color, national origin, religion, sex, disability, marital status or family status (including having children under the age of 18 and pregnant women). Laurel Road Bank also does not discriminate because all or part of your income may be derived from a public assistance program or because you have in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that monitors Laurel Road Bank’s compliance with the Federal Fair Housing Act is the Federal Deposit Insurance Corporation.

Laurel Road Bank loans are originated by Laurel Road Bank, NMLS #402942.