Today's Mortgage Refinance Rates
Rates listed are effective as of #ProductLine=Mortgage|Brand=citizensbank|BrandAttribute=RATE_UPLOAD_DATE# and subject to change at anytime.
These rates and payments are based on a $300,000 loan amount. Rates shown include 0.125% autopay and paperless discount.†
30-Year Fixed Rate
Rate: #ProductLine=Mortgage|Brand=citizensbank|Region=OH|NAME=Conforming Fixed Rate Mortgage - Refinance|Descr=30 Year Fixed Rate|ProductAttribute=RATE#
APR: #ProductLine=Mortgage|Brand=citizensbank|Region=OH|NAME=Conforming Fixed Rate Mortgage - Refinance|Descr=30 Year Fixed Rate|ProductAttribute=APR#
Points: #ProductLine=Mortgage|Brand=citizensbank|Region=OH|NAME=Conforming Fixed Rate Mortgage - Refinance|Descr=30 Year Fixed Rate|ProductAttribute=POINTS#
Estimated Monthly Payment: #ProductLine=Mortgage|Brand=citizensbank|Region=OH|NAME=Conforming Fixed Rate Mortgage - Refinance|Descr=30 Year Fixed Rate|ProductAttribute=MONTHLY_PAYMENT#
15-Year Fixed Rate
Rate: #ProductLine=Mortgage|Brand=citizensbank|Region=OH|NAME=Conforming Fixed Rate Mortgage - Refinance|Descr=15 Year Fixed Rate|ProductAttribute=RATE#
APR: #ProductLine=Mortgage|Brand=citizensbank|Region=OH|NAME=Conforming Fixed Rate Mortgage - Refinance|Descr=15 Year Fixed Rate|ProductAttribute=APR#
Points: #ProductLine=Mortgage|Brand=citizensbank|Region=OH|NAME=Conforming Fixed Rate Mortgage - Refinance|Descr=15 Year Fixed Rate|ProductAttribute=POINTS#
Estimated Monthly Payment: #ProductLine=Mortgage|Brand=citizensbank|Region=OH|NAME=Conforming Fixed Rate Mortgage - Refinance|Descr=15 Year Fixed Rate|ProductAttribute=MONTHLY_PAYMENT#
Rates and Repayment Details
APR (Annual Percentage Rate) reflects the total cost of a loan, including the interest rate, points, closing costs, and lender fees. It offers a more complete view than the interest rate alone, making it easier to compare loan offers.
#ProductLine=Mortgage|Brand=citizensbank|Region=OH|NAME=Conforming Fixed Rate Mortgage - Refinance|Descr=30 Year Fixed Rate|ProductAttribute=PAYMENT_STREAM_URL#
This payment example assumes no subordinate financing.
Rates listed above are for conforming purchase loans, are effective as of #ProductLine=Mortgage|Brand=citizensbank|BrandAttribute=RATE_UPLOAD_DATE# and subject to change at anytime. Rates include a 0.125 percentage point reduction which requires a Citizens consumer checking account set up at time of loan origination with automatic monthly payment deduction. One offer per property. Not applicable to Bond or CRA loans. Other restrictions may apply.
#ProductLine=Mortgage|Brand=citizensbank|Region=OH|NAME=Conforming Fixed Rate Mortgage - Refinance|Descr=15 Year Fixed Rate|ProductAttribute=PAYMENT_STREAM_URL#
This payment example assumes no subordinate financing.
Rates listed above are for conforming refinance loans, are effective as of #ProductLine=Mortgage|Brand=citizensbank|BrandAttribute=RATE_UPLOAD_DATE# and subject to change at anytime. Rates include a 0.125 percentage point reduction which requires a Citizens consumer checking account set up at time of loan origination with automatic monthly payment deduction. One offer per property. Not applicable to Bond or CRA loans. Other restrictions may apply.
Big benefits, built into every refinance
Home Refinance FAQs
Refinancing your mortgage could serve any of the four purposes:
- Lowering your interest rate
- Changing your loan type
- Altering your loan repayment term
- Cashing out equity
Getting a mortgage refinance is similar to the process you went through to apply and qualify for a mortgage to buy your home. You'll complete an application, receive disclosures, and provide many of the same documents as before, plus details on your current mortgage. Depending on the type of refinance you choose, you'll likely need anywhere from 5% to 20% equity in your home to qualify. Keep in mind that if you have less than 20% equity, you may still be required to pay mortgage insurance.
Click here to learn more.
Applying for a mortgage refinance involves providing personal information and financial documents. Preparing these documents beforehand helps you get jumpstarted on the process.
You'll need documents related to the five categories:
- Employment income
- Business income
- Assets
- Credit
- Property
Click here to learn more.
We have the tools and educational content you need to be ready to buy a home. Learn about the process from beginning to end. Click here to learn more.
- Home Equity Loan A home equity loan is a second loan that, like a mortgage, uses the equity in your home as collateral. You keep your existing mortgage and borrow a lump sum at its own fixed interest rate. It creates two monthly payments your original mortgage and the new loan. Rates for home equity loans tend to be higher than those of a mortgage refinance loan.
- Mortgage Refinance Loan Refinancing replaces your existing mortgage with a new one, ideally at a lower interest rate or sometimes with different terms. A refinance can be used to reduce your monthly payment, shorten your loan term, or allow you to take cash out (cash-out refinance). You’ll have one mortgage payment after refinancing, which too can be at a fixed rate.
© Citizens Financial Group, Inc. All rights reserved. Citizens Bank, N.A. Member FDIC
† For additional information, please click the † symbols throughout this page to view our mortgage disclosures.
Mortgages are offered and originated by Citizens Bank, N.A. (NMLS ID# 433960). All loans are subject to approval. Offers may be withdrawn without notice. 
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Mortgage State Availability Disclosure: Citizens provides Mortgages in the following states: CT, DC, DE, FL, GA, IL, IN, KS, KY, LA, MA, MD, ME, MI, MO, MS, NC, NH, NJ, NY, OH, PA, RI, SC, TN, TX**, VA, VT, WV **Texas is eligible for purchase transactions only.