Refinancing Your Mortgage
Lower your rate, improve terms, or tap into your home's equity to get cash out.
Buying a home or refinancing? Apply with Midland between July 1 and August 31, 2025. Once your loan closes, we’ll send you a free Solo Stove®.*
Promo code: STOVE25
At Midland, we know it only takes a moment for an idea to spark, to find your dream home, or to start planning for your forever. Whatever your moments are, we're here for them. Learn who we are.
Leroy, CustomerMy representative was amazing, knowledgeable, and gave great service. The kind of rep every bank should have. Thank you, Midland!
Rafael, CustomerMy loan officer was very responsive and helped me get the right loan. The transaction was much smoother than with other banks.
A rate and term refinance allows you to change the terms of your current mortgage. You can choose to refinance to the same or a longer term to reduce monthly payments or shorten your term to pay your loan off quicker.
With a cash-out refinance, you can tap the equity in your home to pay for home improvements, pay off higher interest rate debt, fund your child’s college tuition or whatever you can dream up.
An FHA Streamline Refinance allows you to refinance a current FHA loan into a new FHA loan to lower your rate or change your loan term. An appraisal is not required, and the credit guidelines are more flexible than other types of mortgage finances.
FHA Streamline Refinance Details
The VA Streamline Refinance program, also known as the Interest Rate Reduction Refinancing Loan program (IRRRL), allows veterans who are current on their existing VA home loan to quickly and easily refinance to the lowest fixed rate available, with little to no out-of-pocket costs.
Explore quick, interactive quizzes to pinpoint a loan tailored to your needs. Where are you in your home financing journey?
New to Real Estate? Here’s How Investment Property Loans Work
New to real estate investing? Learn how investment property loans work and what you may need to know about financing a rental property.
Need Cash for a Big Purchase? Compare Refinancing vs. Home Equity Loans
Looking to fund a big purchase by borrowing from your home’s value? You’ve got options. Explore home refinancing vs equity loan options including HELOCs.
Our team of dedicated professionals are here to support you.
*Applicants must use promo code STOVE25 when submitting an online mortgage application or when meeting with their Mortgage Loan Originator. The free Solo Stove® gift applies to loan applications on single-family, 1-4 unit properties for first-lien residential purchase or refinance mortgage loans only. Offer available on loan applications with Loan Estimate disclosures dated July 1, 2025 – August 31, 2025. This does not include pre-approval applications. No minimum loan amount is required to receive the offer. Standard loan program details still apply. All applications are subject to approval under Midland's underwriting guidelines. Gift is provided only upon loan approval and closing. Gift will be mailed to customers after the closing date to the new home’s address unless otherwise stated. Gift may be reported as taxable income and produce a 1099-MISC. Gift is limited to one per loan. No cash equivalent or transfer of prize is permitted. Offer subject to change without notice.
