Find your home loan today.

0%

Completed

What type of home loan are
you interested in?


Couple with 15-year mortgage refinance

Home Refinancing with Mutual of Omaha Mortgage

Whether you're looking for a cash-out refinance, adjusting your home loan rate or term, or are in the market for a reverse mortgage, Mutual of Omaha Mortgage offers the best solution for your mortgage refinance needs. Popular reasons to refinance include:

  • Refinance Mortgage Rate and/or Term: This is one of the most popular reasons for home refinance. Mortgage rates change over time, and when rates drop, that can be a great time to refinance for a lower monthly payment or for a shorter term (for example changing from 30-year to 15-year mortgage).
  • Change Your Loan Structure: As your financial circumstances change, you can refinance to change your loan structure. You might choose to change from an adjustable-rate to a fixed-rate mortgage, or you may be able to eliminate Private Mortgage Insurance.
  • Get Cash Out From Your Home Equity: This is a popular option for homeowners looking to consolidate debt or consolidate credit, make home improvements, or cover high-cost expenses. In a cash-out refinance you can borrow money against the value of your home for a low-interest rate that you can pay off over time.

Home Loans with Near-Historic-Low Interest Rates

Mutual of Omaha Mortgage offers several lending products to cover your unique home loan needs. We take great pride in serving veteran customers with our VA loan program and offer exceptional service with our USDA, Conventional, FHA, and Jumbo loan options.

VA Loans Conventional Loans Adjustable Rate (ARM)
FHA Loans USDA Loans Refinance/Cash Out
Couple discussing 30-year fixed home loan with loan advisor
Refinance and get cash out to remodel your kitchen, bathroom, or consolidate debt

Cash Out Refinance Rates

If you are thinking of refinancing to a lower rate and lower monthly payment, it might also be a good time to use some of your home equity in a cashout refinance. It might be more affordable than you think to make the home improvements you've been dreaming of.

Purpose Average Cashout Monthly Payment
Credit Card Debt Consolidation $6,7001 $282
Bathroom Remodel $10,9003 $452
Kitchen Remodel $25,6004 $1062

1. https://www.nerdwallet.com/blog/average-credit-card-debt-household/
2. Assumes a refinance to 30-year fixed at 2.840% APR
3. https://www.homeadvisor.com/cost/bathrooms/remodel-a-bathroom/
4. https://www.homeadvisor.com/cost/kitchens/remodel-a-kitchen/