


Refinance Options in Minutes
Apply online or over phone, fast and easy. Loan options from $35,000 to $200,000..

Not Like Your Original Mortgage
Zero origination fees, zero application fees and zero appraisal fees. Plus, fixed rates starting at 3.99% APR.

Help and Support 7 Days a Week
Get your own personal banker and a loan team dedicated to processing your application.
Rates, Terms & Fees
Feel secure with the same fixed rate and payment each month.
Interest Rates
|
Fixed interest rates from 3.99% - 11.99% APR |
Loan Amounts |
$35,000-$200,000 |
Payments |
Fixed Monthly Payments |
Terms |
10, 15, 20 & 30 Years |
Application Fees |
$0 |
Origination Fees |
$0 |
Appraisal Fees |
$0 |
Cash Required at Closing |
$0 |
Discover Home Loans pays all closing costs incurred during the loan process, so that you don’t have to bring any cash to your loan closing.
In the event that you decide to pay off your loan balance in full within 36 months after your loan closes, you will be required to reimburse Discover for some of the closing costs that we are paying on your behalf, not to exceed $500.00.
Reimbursable closing costs will include all title fees, recording fees, and mortgage/transfer taxes. If you reside in Connecticut, Minnesota, New York, North Carolina, Oklahoma, or Texas you are not required to reimburse the closing costs.
Use our calculators & see what you think
See how much you could borrow
Pay off debt & check your savings
Check your fixed rate & payment
Turn your home equity into cash
Here's what our customers are saying

“So professional, prompt, and helpful at every step. This was a great opportunity to refinance our mortgage without any extra costs. ”
Caassara B, 01/07/20

“In 30 years of buying/selling/refi, this was, BY FAR, the easiest and smoothest transaction I’ve ever been a part of!”
Julie H, 02/03/20

“Thank you so much for your help. It was a wonderful experience…I always felt like a unique and valuable customer.”
Fanny M, 02/19/20
One loan for multiple goals
- Consolidate Your Debts
- Improve Your Home
- Pay for Major Expenses
Our debt consolidation customers save an average of $596 on their monthly payments!
Important Information
BEFORE
$953
Monthly Payments
From credit cards & loans totaling $44,374
AFTER
Savings of $596 per month. That's $7,160 per year!
Find your low,
fixed rate
Use our Rate Calculator to find the rate and monthly payment that fits your budget.
Make it the home of your dreams.
Make Big Upgrades
$35,000 - $200,000 is enough money to renovate or expand your living space.
Save With Low, Fixed Rates
Get a low monthly payment and zero origination fees or cash required at closing.
Get a Potential Tax Deduction
Potentially deduct up to 100% of your interest on taxes when you improve your home (consult your tax advisor).
Did you know?
The home equity you’ve earned can be used in a multitude of ways.
Imagine what your home equity could provide.
Get Cash to Meet Your Needs
Pay the tuition of a loved one. Make a major purchase. Have the perfect wedding.
Healthcare Bills Covered
Use your equity to relieve some financial stress so you can focus on your health.
Feel Secure About Your Rate
The low, fixed rate and payment you’ll get from Discover won’t ever change.
Did you know?
The home equity you’ve earned can be used in a multitude of ways.
Frequently Asked Questions
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A cash out refinance is when you take a portion of your home's equity out as cash when refinancing your current mortgage. When mortgage rates are low, a cash out refinance may be advantageous over other types of credit like personal loans, home equity loans, or HELOCs that have a variable rate. Discover offers cash out refinances with low, fixed rates that never change for the life of the loan, as well as no cash due at closing.
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Speak with one of our Personal Bankers to get an initial idea of your eligibility, or start your application online here. Here are a few things we look for:
- Credit score of at least 620
- History of responsible credit use
- Verifiable employment and income
- Debt-to-income ratio (DTI) less than 43%
Your Guide to Home Lending
Learn more about product options, using your equity wisely, and the home equity market.
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Start your application online
or give us a call.
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Start your application online or give us a call.