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 paying no cash at closing.
Borrow between $35,000 - $200,000.
Take cash out and use for any purposes like consolidating debt or home improvement.
Save money with low rates, low monthly payments, zero origination fees, and zero cash required at closing.
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