What to expect during the refinancing process

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Application

You will meet with a People’s United Bank mortgage expert to discuss both your short term and long term goals as a potential home owner.

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Appraisal & Processing

A licensed appraiser will appraise the property being financed. We will verify your income and assets, review property information and credit history.

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Commitment

Your application and financial profile will be reviewed by a mortgage loan underwriter. If approved, a commitment letter will be issued.

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Closing

At closing you will sign the final loan documents.

Tools and resources for refinancing your home

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What will my refinancing costs be?

Determine if refinancing is right for you by understanding the costs of refinancing your mortgage, based on your current interest rate, a new interest rate and closing costs.

VIEW CALCULATOR
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How advantageous are extra payments?

Extra payments will accelerate your pay-off schedule. With this calculator, you can determine how long it will take to pay off the loan with and without making extra payments and compare total mortgage interest paid.

VIEW CALCULATOR
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How much can I borrow?

Calculate an estimated loan amount and the associated mortgage payments so you can evaluate a range of borrowing amounts.

VIEW CALCULATOR

Ways to apply

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Online

Start your mortgage process online. It's quick and easy!

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Mortgage Expert

Contact a local mortgage specialist for help.

FIND EXPERT
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Phone

Call 1-855-782-LEND (5363) to speak with a mortgage expert.

Call 1-855-782-5363

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Contact a local mortgage specialist for help.

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Choose from a variety of mortgage options.

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Find a convenient local branch or ATM.

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Calculators

Make better decisions about your finances.

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