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Competitive No Fee Refinance NJ Mortgage


Home Mortgage Refinancing

If your home loan needs have changed, Columbia Bank has a solution with affordable refinance mortgage rates in NJ that can benefit you. The refinancing process allows home owners to apply to swap their current mortgage for a new one. Considering current home refinance rates in NJ, you may be able to lower your monthly payment, shorten your mortgage term, or get lower interest rates.

Columbia Bank helps homeowners even more with a NO COST refinance NJ program for single-family homes. By eliminating the most expensive fees that are commonly associated with refinancing, including refinancing closing costs, you can get a refinance mortgage that works for you without having to worry about extra costs. You’ll also get to consult with a experienced lenders whom you can trust, who will work to make the refinancing process efficient and easy for you.

When Is the Right Time to Refinance?

Refinancing your home loan can make sense in a variety of situations, including when home loan interest rates are lower than what you’re currently paying, or if your personal financial situation has changed. Because Columbia Bank doesn’t charge you exorbitant fees to refinance your home, it’s worth talking with a friendly representative to learn your options, because you could easily save thousands of dollars over the lifetime of a home loan.

Some reasons why you might consider refinancing your current mortgage include:

  • Your income has changed. You may have lost your job, which impacts your ability to pay your current mortgage payment, or your income may have increased significantly, which gives you the ability to take on higher mortgage payments or shorten your term. Refinancing can help fit your financial situation today.

  • You want to change your home loan. If you originally signed up for an adjustable-rate mortgage (ARM) and now plan on staying in your home long term, refinancing to a fixed-rate mortgage may make sense. Conversely, if you no longer want to be locked in to the terms you agreed to in a fixed-rate mortgage, you may consider switching to an ARM.

  • Interest rates are lowering, and you’re in your home for the long term. When interest rates lower, and you plan on living in your home forever or for a significant amount of time, lowering your rates can save you. Refinancing because of lower rates is especially beneficial early on in your mortgage.

If you are unsure about whether or not refinancing makes sense for you, consulting with a representative at Columbia Bank can help you understand your options and the potential benefits.


Start the Refinancing Process Online

Columbia Bank makes it easier than ever to get the home loan refinancing options you need, because you can begin the refinancing process online. One of our experienced refinancing professionals will be in touch with you to discuss your goals and help you to understand your options. We’re here to help answer any questions you have, so you can be confident in your decision and become happier with your home loan. 


Benefits of Refinancing With Columbia Bank

For those who are considering refinancing, one of the biggest concerns are the fees associated with the process, which can rise to up to 6 percent of outstanding principal with other lenders. Sometimes these may outweigh the benefits that are gained through refinancing savings. When you refinance your single-family home with Columbia Bank, the great news is you don’t have to worry about expensive fees, because of our no cost refinance NJ process.

Besides offering competitive home refinance rates in NJ, when you refinance with Columbia Bank for a single-family home, you WILL NOT pay for:

  • Appraisal Fee. No additional fee for having your home appraised.

  • Application Fee. Submit your refinancing application free of charge.

  • Credit Report Fee. As part of the process, there is no fee for acquiring your credit report.

  • Attorney Fee. No additional charges for the lawyer that conducts the closing.

  • Title Fee. Your property's records will be thoroughly reviewed at no cost to you.

  • Survey Fee. You don't pay a fee and the lender still gets to survey the property. Everybody wins.

  • Tax Service Fee. No fee for bringing in a third party to handle the property tax bills.

  • Recording Fee. We'll send the government the information they need. No extra fee needed.

  • Settlement and Underwriting Fees. More lender fees you won't have to worry about.

  • Flood Certification Fee. It won't cost you anything for the lender to check flood zones.

At Columbia Bank, we are committed to helping our customers live the lifestyles they want through better home mortgages. We’ve designed our refinancing program to enable our clients to get the refinancing they desire through responsible lending and a thorough approval process.

You’re not just a number when you work with Columbia Bank for refinancing. Our team cares about each client and strives to ensure your satisfaction. We do this by clearly explaining your options and addressing all your needs, so your finances are protected and you gain peace of mind with every decision you make.