You may use your Discover Home Equity Loan to refinance your first or second mortgage. It may make sense if you want to switch from a variable rate to a fixed rate, or if you're looking to lock in a lower interest rate or lower monthly payment.
You may be able to refinance a home equity loan, Home equity loan of credit or first mortgage and pay less each month.
Know exactly what you'll pay every month when you switch from a variable rate to a fixed rate and payment.
Refinance your first mortgage with a home equity loan and take advantage of no closing costs.
Borrow between $25,000 - $150,000.
Deduct up to 100% of your interest on taxes (consult your tax advisor to see if you qualify).
Save money with low rates, low monthly payments, no closing costs, and no prepayment penalties.
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