Refinance Loan Long Island, Understand Mortgage Rates - Interstate Home Loan

Refinance Loan Long Island

Refinance Loan Long Island2022-07-11T11:30:51+00:00

Why Refinance a Loan on Long Island?

Refinancing is the process of paying off your existing mortgage with a new mortgage. Most refinances are done to reduce the interest rate and monthly payment or change the length (or term) of a mortgage. You can also refinance to take cash out from your home’s equity. There are many benefits to refinance a loan on Long Island. When you refinance a loan on Long Island you can lower your monthly payments and use the additional money to reach your financial goals.

When you originally took out your mortgage, you chose the best option available to you at the time. Deciding to refinance a loan on Long Island shouldn’t be taken lightly. Interstate Home Loan Center is a leader in the industry when it comes to Long Island Refinance Loan information. In fact, we are Long Island refinance loan experts. After some due diligence, you may realize that there are better options out there than your current loan. Refinancing a loan gives you the means to replace your existing home loan with one that will help you to save money and allow you to maximize your return on investment. Home prices and yearly tax bills have made it increasingly hard for homeowners on Long Island to afford their monthly payments! At Interstate Home Loan Center, we can help you renegotiate the terms of your loan to suit your needs. When you choose to refinance a loan on Long Island, you can:

  • lower your interest rate
  • increase or decrease the length of your loan
  • Decrease your stress
  • Increase your financial flexibility

 Refinance Loan on Long Island without the Hassle!

Interested in Long Island Refinance Loan information? Contact Interstate Home Loan Center today! We can help you get the best rate for your given scenario. Property owners on Long Island refinance loans for a variety of reasons. Whatever your reason, Interstate Home Loan Center is ready to help you! Our team is ready to make the home refinance process a whole lot easier, with tools and expertise that will help guide you every step of the way. Are you ready to ease your financial burdens?

The main reason most real estate transactions don’t close is because buyers had problems getting approved for a mortgage. Contact Interstate Home Loan Center, a Long Island Mortgage broker today and let us help you secure the home of your dreams!

Still have questions? Call us today at 1-888-624-1414

Quick Quote

Loan Programs


Rates Fluctuate Daily
Call or Click Get Started for a Personalized Quote
Lender Fees – $1495
Points – $0


Rates Fluctuate Daily
Call or Click Get Started for a Personalized Quote
Lender Fees – $1495
Points – $0


Rates Fluctuate Daily
Call or Click Get Started for a Personalized Quote
Lender Fees – $1495
Points – $0

**Disclaimer This is not a commitment to lend. Terms and conditions apply. Interest rate and annual percentage rate (APR) are for informational purposes only. Rate and APR are based on single family, owner-occupied, primary residence purchase of conforming loan sizes with 60% loan-to-value and assumes 780 FICO score. Rates are prevailing and subject to change. Call for today’s live rate.

Our Process

Securing a mortgage doesn’t have to be stressful or time consuming. We believe in full transparency, and getting your loan approved FAST! You will be able to track the status at all times while we are working to move forward on our end. Any hold up can cause you to lose out on a home you’ve put an offer in on! At Interstate, our process is seamless and best of all, quick!

Average number of DAYS to get a loan commitment from Interstate Home Loan Center
Average Number of DAYS to close your loan.
Average number of MINUTES it takes to complete our loan application.


Can I refinance a loan on Long Island more than once?2022-07-11T11:07:45+00:00

The short answer is yes. You can lower your rate, term or use the refinance process to borrow money for another investment on Long Island. Some lenders may even waive certain fees if you have used them in the past!

Does refinancing a loan on Long Island cost money?2022-06-23T12:06:04+00:00

While there are a number of benefits to refinancing like saving money on payments and shortening the term of your loan, refinancing does come with a cost. The process typically costs 2-6% of your loan amount. There are additional fees that can vary from lender to lender. Contact us today and let us help you decide if refinancing a loan on Long Island makes financial sense for you!

How do I know if it makes sense for me to refinance a loan on Long Island?2022-07-11T11:08:22+00:00

First assess your financial mortgage related goals: i.e. are you looking to improve your monthly cash flow, lower your monthly payments, reduce your mortgage term, do you need to take out cash utilizing the equity from your home? Obtaining the right mortgage on Long Island for your particular needs could make sense even when rates are not at their lowest levels. Contact the team at Interstate Home Loan Center to learn more about how we can help you!



Subtan got us a fantastic deal! He is very professional. Kept us informed the whole way through. The interest rate and the closing cost were better than expected. I would definitely recommend Subtan to friends and family members.

angelicagormandy from NY

worked with Subtan Mughal


Mario is the best of the best!

I am so glad I met Mario, he goes above and beyond to make the customer happy. He will be there from beginning to end. Any question or any problem you have he is always there to help. He made my first home buying process so easy and smooth. If you want to buy a home with no headaches and actually gets the job done fast he is your man!

shaolintiger1 from NY

worked with Mario Gonzalez


Truly amazing.

In my special situation, especially with being a first time buyer Chris, made this process the quickest and smoothest it could’ve have went. The customer service that I received was nothing less than excellent. I’m so thankful that I got to work with this lender and that this first experience for me was such a pleasant one.

abigail mcvay1134 from NY

worked with Christopher Morabito


Amazing service

After having some trouble with the first company Hunter and Interstate turned around the mortgage so fast. They answered all our questions and gave great guidance, this process was fast and painless.

Britney Forbes from NY

worked with Hunter Fields


Interstate and Hunter 10/10 – Highly Reccomend

I would recommend Interstate to anyone looking for the best rates as well as best service. Hunter was a pleasure to work with. He was always quick to respond, and whenever I was nervous about something he would always reassure me that everything would be taken care of and he was exactly right. The closing and everything from Interstate’s end went extremely smooth. We had a phenomenal rate and made the process seamless for us. I would definitely recommend interstate home loan center and ask to work with Hunter. Hunter really was the best to work with and gets the job done!! Thank you Interstate and Hunter for my amazing rate on my new home!!

Matt L from NY

worked with Hunter Fields

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