Bellingham Refinance Mortgage Lender
Welcome to Capital Home Mortgage Bellingham, a Bellingham Refinance Mortgage Lender that strives to provide Bellingham homeowners with Bellingham Mortgage Refinances at competitive Bellingham Refinance Mortgage Rates with low fees while ensuring outstanding customer service.
First, we’d like to thank you for the opportunity to earn your Bellingham Refinance Home Loan business. We understand that refinancing is an important decision, that is why Capital Home Mortgage Bellingham offers dedicated refinance specialists to listen your your specific needs and go over all of the potential options.
Capital Home Mortgage Bellingham is a direct Bellingham Refinance Mortgage Lender that manages the entire refinance process from the application to the funding. Our in-house processing and underwriting enables for quick, common sense approvals and timely closings.
Call today (360) 474-5656 to talk to one of our Bellingham Refinance Loan Officers.
Bellingham Washington Rate & Term Refinance
A rate and term refinance is a type of mortgage refinancing in which the borrower modifies the terms of their current mortgage loan. The goal is to obtain better loan terms, such as a reduced interest rate and/or a different loan duration, by replacing the existing mortgage agreement with a new one. Refinancing involves paying off the existing mortgage and then making payments on the new loan. A rate and term refinance aims to enhance the borrower’s financial standing by swapping their current mortgage for a new one with better terms.
The interest rate, monthly payments, and term length of the mortgage can change during a rate and term refinance, and the borrower may be required to have a specific credit score and debt-to-income ratio to qualify. The refinance loan features a new (preferably lower) interest rate and a new mortgage term, such as additional 30 years or 15 years. Refinancing permits the borrower to modify the interest rate and/or loan term, resulting in a new mortgage that pays off the current one.
The purpose of a rate and term refinance is to obtain better loan terms by replacing the existing loan with a new mortgage agreement with more favorable numbers and financing terms. This is the most prevalent form of refinancing.
Benefits of Refinancing Your Current Mortgage
Refinancing a mortgage can offer numerous advantages. Here is a summary of the benefits of mortgage refinancing:
- Lower Interest Rate: Refinancing can help you obtain a mortgage with a lower interest rate, resulting in lower monthly payments. This can yield significant savings over the loan’s lifetime.
- Refinancing with the same term as the original mortgage or extending the payoff date can result in reduced monthly payments.
- Refinancing to a shorter mortgage term (e.g., 30 to 15 years) can help you pay off your home debt more quickly.
- Refinancing can reduce your mortgage rate, allowing you to create equity in your property more quickly.
- Refinancing can enable you to consolidate debt from different sources, making it easier to manage your finances.
It is essential to examine the fees associated with refinancing and evaluate if it makes sense for your financial circumstances, as refinancing is not always advantageous.
Bottom Line: Refinancing Your Home Can Make It Work For You
When the time comes, refinancing is an excellent method to use your home as a financial asset. To save money in the long run, you can change your loan term, receive a better interest rate, and switch loan types. Alternatively, cash out your home equity and use the money as needed.
Apply For a Rate & Term Refinance
Capital Home Mortgage can help Washington residents who qualify modify their rates and loan terms. Call (360) 474-5656 to talk with a professional loan officer about refinancing your Washington mortgage rate and term.
Bellingham rEfinance Mortgage Rates
Bellingham Refinance Home Loans
Bellingham Rate & TErm Refinance
A Bellingham rate and term mortgage refinance is a type of Bellingham mortgage refinancing in which the borrower modifies the terms of their current mortgage loan. The goal is to obtain better loan terms, such as a reduced interest rate and/or a different loan duration by replacing the existing mortgage agreement with a new one. Refinancing involves paying off the existing mortgage and then making payments on the new loan. A rate and term refinance aims to enhance the borrower’s financial standing by swapping their current mortgage for a new one with better conditions.
The interest rate, monthly payments, and term length of the mortgage can change during a rate and term refinance, and the borrower may be required to have a specific credit score and debt-to-income ratio to qualify. The refinance loan features a new (preferably lower) interest rate and a new mortgage term, such as a 30 years or 15 years. Refinancing permits the borrower to modify the interest rate and/or loan term, resulting in a new mortgage that pays off the current one.
The purpose of a rate and term refinance is to obtain better loan terms by replacing the existing loan with a new mortgage agreement with more favorable numbers and financing terms. This is the most prevalent form of refinancing.
Benefits of Refinancing Your Current Bellingham Mortgage
Refinancing a mortgage can offer numerous advantages. Here is a summary of the advantages of mortgage refinancing:
Lower Interest Rate: Refinancing can help you obtain a mortgage with a lower interest rate, resulting in lower monthly payments. This can yield significant savings over the loan’s lifetime.
Refinancing with the same term as the original mortgage or extending the payoff date can result in reduced monthly payments.
Refinancing to a shorter mortgage term (e.g., from 30 to 15 years) can help you pay off your home debt more quickly.
Refinancing can reduce your mortgage rate, allowing you to create equity in your property more quickly.
Refinancing can enable you to consolidate debt from different sources, making it easier to manage your finances.
It is essential to examine the fees associated with refinancing and evaluate if it makes sense for your financial circumstances, as refinancing is not always advantageous.

FHA offers a Bellingham streamline refinances that simply reduces the interest rate and lowers the payment or shortens the term of the loan. This rate and term option can be fully documented loans, or can be reduced documentation. The other FHA option is a cash-out refinance allowing homeowners the ability to access the equity in the property.
- Appraisal Required
- 97.75% Max Loan to Value
- Closing Costs Rolled In
- 80% Max Loan to for Cash-out
- Cash-out Option Available
- County Loan Limits Apply
- FHA to FHA
- No Income Qualification
- No Appraisal Required
- Closing Costs Cannot Be Rolled In
- No Lates on Mortgage in Last Year
- Payment Must Drop on Fixed Rates
Bellingham VA refinance Home Loan

Proudly Serving Active Duty, Retired and Disabled Bellingham Veterans to Save Money. Call today to speak to a VA loan officer.
- VA IRRRL Rate & Term
- Streamline Option
- No Appraisal Required
- No Income Verification
- Cash-Out or Loan Conversion
- Full Documentation
- Appraisal Required
- Income Verification Required
Bellingham Conventional Refinance Loan

Bellingham Conventional Refinance Loans are used for more refinances than any other type of mortgage loan. This is due to Conventional loans allowing for all occupancy and property types and typically don’t require any mortgage insurance due to loan to value requirements. Conventional mortgages due require higher credit scores but offer better rates.
- Freddie Mac or Fannie Mae Insured
- Primary, 2nd or Investment Homes
- Single and Multi Family
- Condo’s and Manufactured Homes
- Mortgage Insurance Options
- Lower Rates & Flexible Terms
- Maximum Loan Amount – $766,550
- High Balance (Varies By County)
Bellingham Native American Refinance Loan

Bellingham HUD 184 Refinance Home Loans can streamline rate & term, equity cash-out, or Rehabilitation of current residence.
- Appraisal Required
- 97.75% Max LTV for Rehab
- 85% Max LTV for Cash-out
- County Loan Limits Apply
- HUD 184 to HUD 184
- No Income Qualification
- No Appraisal Required
- No Mortgage Lates in Last Year

Bellingham USDA Loans Can only be USDA to USDA, meaning you must have a current USDA loan to refinance the loan either as a rate and term or cash-out or renovation.
- Appraisal / Income Documents
- Max LTV Equal to Appraisal
- Closing Costs Rolled In
- County Loan Limits Apply
- No Appraisal / Income Docs Required
- Closing Costs Can Be Rolled In
- No Lates on Mortgage in Last Year
- Payment Must Drop on Fixed Rates
Bellingham Reverse Mortgage Refinance

Reverse Mortgage Loans offer Bellingham seniors options to use their home’s equity for cash or to eliminate payments. Call today to get speak to a Reverse Loan Officer.
- Primary Residence Only
- 62 Years or Older
- Required Hud Counseling
- Homeowners Insurance Required
- Must Continue to Pay Taxes
- Meet Required Equity Values
REFINANCING YOUR Bellingham HOME... WE CAN MAKE IT WORK FOR YOU
Capital Home Mortgage Bellingham can help residents who qualify modify their rates and loan terms. Call today (360) 474-5656 to talk to one of our Bellingham Refinance Loan Officers.
Why Bellingham is Choosing Capital Home Mortgage
Complete Control from Application to Funding
Direct Lender with Competitive Rates & Fees
7 Day a Week Support Application to Final Payment
Bellingham Mortgage Company Reviews
Bellingham Mortgage Team
Bellingham Mortgage Programs
Bellingham Home Purchase loans
Looking to Purchase a Bellingham Home?
- Primary, 2nd Home, Investment
- Low Rates & Fees, No fee Options
- FHA, VA, USDA, Native American
- Conventional, Jumbo & Renovation
- Manufactured, Construction, Reverse
Bellingham Renovation Home Loans
Looking to Rehab a Bellingham Home?
- Remodel, Renovate or Repairs
- FHA 203K Streamline
- FHA Full Documentation Rehab
- Fannie Mae Homestyle Reno
- Freddie Mac Home Choice Reno
Bellingham FHA Home loans
Great 1st Time Bellingham Homebuyers
- Smaller Down Payments
- Flexible Underwriting Guidelines
- Higher Debt to Income Allowed
- Lower Credit Scores – Down to 500
- Down Payment Gifts Allowed
Bellingham va Home Loans
100% Financing for Bellingham Vets
- No Mortgage Loan Limits
- Simple Qualifying
- Higher Debt to Income Allowed
- Lower Credit Scores – Down to 500
- Manual Underwriting Allowed
Bellingham Conventional Home loans
Flexibility for Bellingham Homebuyers
- Primary, 2nd Home, Investment
- Single and Multi-Family Properties
- Variable Mortgage Insurance Options
- Low Rates & a Variety of Terms
- Renovation Programs Available
Bellingham Jumbo Home Loans
Bellingham Non-Confirming Home Loans
- Primary & 2nd Homes
- Variety of Mortgage Programs
- Simple Qualifying for Veterans
- Investor Specific Guidelines
- Credit Score Minimums
Bellingham USDA Home loans
100% Rural Bellingham Home Loans
- Primary Residences
- No Down Payment Required
- New Manufactured Homes Allowed
- Closing Costs / Repairs Rolled In
- Geographic and Income Limits Apply
Bellingham Native american Home Loans
Bellingham Hud 184 Home Loans
- Primary Residence Only
- Manual Underwriting for All Loans
- No Credit Score Requirements
- Tribal Grants Allowed
- Purchase, Refinance, and Renovation
Bellingham Manufactured Home loans
Great Alternative Bellingham Housing
- Existing Purchase or Refinance
- New Construction
- One Time Close Land/Home Combo
- Lock at Contract
- FHA, VA, USDA, Native American
Bellingham Reverse Mortgage Loans
Your Bellingham Home at Work
- Primary Residence Only
- Simple Qualifying – Equity Based
- No Credit Score Requirements
- Minimum Age 62
- Purchase, Refinance, and Cash-Out
Bellingham Non QM Home loans
Making Bellingham Mortgages Possible
- Purchase, Refinance & Cash-out
- Primary, Secondary, Investment
- Full Doc Programs
- Alt Doc Programs
- Corporations OK
Bellingham One Time Close Home Loans
Build Your Bellingham Dream Home
- Primary Residences Only
- One Time Close
- Lock Rate at Closing
- Traditional Final Mortgages
- No Payments During Construction
Bellingham Refinance Mortgage loans
Bellingham Rate & Term Refinance
- Lower Monthly Payment
- Shorten Mortgage Term
- Streamline Options Available
- Appraisal Waivers Allowed
- VA IRRRL’s
Bellingham Cashout Mortgage Loans
Bellingham Equity Mortgage Loans
- Debt Consolidation
- Investment Opportunities
- Home Improvement
- Dream Vacation
- Higher Education