MORTGAGE REFINANCE

Whatever your reason for refinancing, GHS can help you save money while giving you a stress-free and transparent loan experience.

 

Lower Interest Rate

A lower interest rate can save you thousands.

Get
Cash Out

Do those home improvements with a cash out refinance.

Lower Monthly Payment

Lower your monthly payment with flexible loan terms.

Pay Off Your Loan Quicker

Own your home faster and pay less in interest with shorter terms.

Our GHS Mortgage Refinance Products

Fixed-Rate Mortgages

Provided in 15, 20, or 30-year terms, a fixed-rate mortgage features the security of a monthly payment that won’t change and is the most popular loan option available.

Adjustable-Rate Mortgages

Adjustable-rate mortgages, or ARMs, differ from fixed-rate mortgages in that the interest rate and monthly payment increases or decreases as market interest rates fluctuate.

FHA Mortgages

FHA mortgages are designed to provide low down payment financing and are insured by the Federal Housing Administration (FHA).

The GHS Refinance Option

We’ve teamed up with Home Owners Advantage, a trusted full-service mortgage corporation whose personalized and cooperative approach has successfully serviced over $1 billion in client loans.

Home Owners Advantage provides customized solutions and tools to help with refinancing your home, including access to:

Featured Daily Rates

Application Status

Customized Mortgage Quote

Personalized Service

Personal Loan Consultants

No Prepayment Penalties

★★★★★

If I ever have a question or an issue about my accounts, online banking or anything at all, a quick call to member services always gets the question answered or the problem solved. Great customer service. I wouldn’t bank anywhere else.

– Theresa K.

We’re Here For You

Refinancing a mortgage can save you a significant amount of money, but it can also be a confusing process. Our GHS loan consultants are available to help you better understand your options and walk you through the steps to take to refinance your mortgage.

Call us at 800-732-4447 today. We’re proud to be of service to our Broome, Chenango, and Tioga County, NY community.

Quick and Hassle-Free Mortgage Refinances

Or, you can get started by signing up. We’ll connect you with a mortgage professional at Home Owners Advantage to help you with the approval process. It’s that easy.

Hometown Heroes Mortgage Program

Are you a frontline or essential worker?
GHS is giving back to those who put our community first by offering the Hometown Heroes Mortgage program designed to thank frontline staff during the pandemic. Apply now for a mortgage or refinance your mortgage and get special benefits!

Mortgage Refinancing FAQ

How long does the mortgage refinance process take?

A typical refinance takes about 45-60 days. But borrowers can help make the process as quick as possible by having all of the documents our loan officers and processors need ready.

How do I know if I’m ready to refinance my home?

Only you will know that answer, but there are some general things to consider. Compare the interest rate you’d get if you refinanced against the one you currently have. Then look at the costs associated with refinancing. Once you know the total cost to refinance, you can determine if you will save money or not.

If you want to pull out equity to pay off high-interest debt or change the loan terms to have an overall lower monthly payment, it’s easier to know if you’re ready.

Our GHS loan consultants are available to help you better understand your options so you can make the decision that’s right for you. You can call us at 800-732-4447.

What are some of the costs associated with refinancing?

Just like with your initial mortgage, there are some refinance costs that go along with the loan. Some of these costs include an application fee, origination fee, home appraisal and inspection, title search, and any points you might pay to lower your interest rate.

For our most current mortgage rates, visit our Rates page.

We’re Here For You

Refinancing a mortgage can save you a significant amount of money, but it can also be a confusing process. Our GHS loan consultants are available to help you better understand your options and walk you through the steps to take to refinance your mortgage.

Call us at 800-732-4447 today. We’re proud to be of service to our Broome, Chenango, and Tioga County, NY community.

Quick and Hassle-Free Mortgage Refinances

Or, you can get started by signing up. We’ll connect you with a mortgage professional at Home Owners Advantage to help you with the approval process. It’s that easy.