Ready to buy a home and have at least a 620 credit score? You may qualify for a conventional loan with as low as a 3% down payment.
refinance / 10 Year
Save more money over the life of a loan with a 10-year refinance
The shortest of Wyndham Capital’s refinance options, 10-year refinance loans can replace your current mortgage with a new one offering competitive rates and lower monthly payments. Terms may apply. For more details regarding the terms of repayment and APR, get started below.
Save big with a smaller loan. Pay your loan off sooner to potentially save thousands in interest over the life of your mortgage. Another perk is building equity faster than other loan options. Terms may apply. For more details regarding the terms of repayment and APR, get started below.
Take time to explore all of our different loan options.
LOAN OPTIOIN
Conventional
LOAN OPTIONS
Jumbo
If you live in a high-cost area or need a mortgage that exceeds conforming loan limits, a jumbo loan might be the right product for you.
LOAN OPTION
USDA
Certain buyers may benefit from a USDA loan depending upon their income or the home’s location. Another bonus: No down payment is needed.
LOAN OPTION
Adjustable-Rate Mortgage
ARMs often start out with lower interest rates than fixed-rate loans. You may want to consider an ARM if you believe your income may grow as the interest rate and payment increases.
LOAN OPTION
FHA
If making a down payment is difficult or your credit has taken some hits, consider an FHA loan. These flexible government loans could be a budget-friendly option.
LOAN OPTION
VA
If making a down payment is difficult or your credit has taken some hits, consider an FHA loan. These flexible government loans could be a budget-friendly option.
What is a 10-year refinance?
A 10-year refinance is the shortest refinance options available. It’s the process of replacing a current mortgage loan with a new one for a variety of reasons. Utilizing 10-year refinance rates can get a borrower competitively lower interest rates available while possibly lowering their monthly payment.
Pros and Cons of 10-Year Refinance Rates and Terms
Pros
- Lower interest rates than all other refinancing options
- Pay the loan off sooner
- Pay less in interest overall
Cons
- Higher monthly payments
Reasons to Choose a 10-Year Refinance
Because 10-year mortgage refinance rates offer competitively lower refinance options, this could save you money over the life of the loan. A 10-year refinance loan may entice you due to saving money, building equity faster and paying the loan off sooner.