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.

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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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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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