· Plan · 03
Waiting to refinance.
Set a strike rate. I watch the market for you. The day it hits, I call — same day, not next week.
When does refinancing actually save me money?
Generally when you can drop your rate by 0.5%+ AND you'll stay in the home long enough to recoup closing costs. Break-even calc: closing costs ÷ monthly savings = the month you start coming out ahead.
How does Strike Rate work?
You tell me the rate you'd refinance at. I monitor the market daily. The day pricing hits your target, I call — same day, not next week. Free. No obligation to actually refi with me when it lands.
How long does a refi take?
21–35 days typical for a clean file. Streamline refinances (FHA, VA) can close in 14–21 days because they skip many steps.
Will I lose my current rate forever if I refi?
Yes. Once you refinance, your old rate is gone. That's why it only makes sense to refi when the new rate is meaningfully better. If your current rate is sub-5%, you almost never want to refi the whole thing — a HELOC for cash needs is usually better.
What about closing costs?
2–5% of loan amount typical. Can be paid out of pocket or rolled into the new loan (cleaner cash flow, slightly higher rate). We'll run both scenarios so you see the trade.
· Still not finding it?
I'll call you back.
Two more options if none of the above clicks. Read more in the insights — or leave your number and I'll call back. Usually within 4 hours during business days.
Almost there — send the email that just opened, and I'll call you back within 4 business hours.
· Questions left?
Ask me directly.
Six quick taps tell you which loan I’d start with, nothing pulled, nothing saved. Or text me and we start there. I read every text myself, usually within minutes during the day. About Waiting to refinance, or anything else.
Find my program →