Refinance Your Home in Kentucky, Florida & Indiana

Whether you want a lower payment, cash from your equity or a shorter loan term, HJ Mortgage Group compares refinance and home equity options from multiple lenders. As a Veteran-Owned mortgage broker licensed in Kentucky, Florida and Indiana, we show you the numbers side by side so you can choose with confidence.

Looking to buy instead? See home buying options.

Why Homeowners Refinance

• Lower your rate or monthly payment
• Take cash out for repairs, debt payoff or other big expenses
• Pay off your home sooner with a shorter term
• Drop mortgage insurance once you have enough equity
• Switch from an adjustable rate to a fixed rate

Get My Refinance Options

Refinance and Home Equity Options

• Rate-and-term refinance: a new rate, a new term, or both.
• Cash-out refinance: replace your mortgage with a larger one and take the difference in cash. Conventional and FHA loans usually allow up to 80% of your home’s value. VA cash-out can go higher for eligible veterans.
• VA IRRRL (streamline): lower the rate on your current VA loan, usually with less paperwork. See VA home loans near Fort Knox.
• FHA streamline: a simpler refinance for current FHA loans.
• HELOC: keep your current mortgage and rate, and borrow against your equity as you need it. Rates are usually variable.
• Home equity loan: a one-time lump sum with a fixed rate and payment, alongside your current mortgage.

Not Sure Which Option Fits? Answer a Few Quick Questions

Cash-Out Refinance or HELOC?

If your current rate is lower than today’s rates, a HELOC or home equity loan lets you keep it. If today’s rates are lower, or you want one simple payment, a cash-out refinance may make more sense. We’ll price both so you can compare.

See If Refinancing Saves You Money

How Refinancing With Us Works

1. Tell us your goal. A lower payment, cash out or a shorter term.
2. Compare your options. We compare options from multiple lenders and show you the payment, the closing costs, and how long it takes for the savings to cover those costs.
3. Lock your rate. You pick an option, we lock your rate and order the appraisal if one is needed.
4. Close. We keep you updated until closing.

Start My Refinance Quote

Refinance FAQ

When does refinancing make sense?

When your savings cover the closing costs within the time you plan to stay in the home. We’ll run that math for you.

How much does it cost to refinance?

Usually about 2% to 5% of the loan amount. Some costs can be rolled into the new loan.

How much cash can I take out?

Usually up to 80% of your home’s value with conventional and FHA loans, minus what you owe. VA cash-out can go higher for eligible veterans.

What’s the difference between a HELOC and a home equity loan?

A HELOC is a line of credit you draw from as needed, usually at a variable rate. A home equity loan is a lump sum at a fixed rate.

Will refinancing hurt my credit?

A credit check can cause a small, temporary dip. Rate shopping within a short window usually counts as one inquiry.

Veteran-Owned · Company NMLS #1971873 · Equal Housing Opportunity

Information updated October 2026. Loans are subject to credit approval, eligibility and property requirements; terms may change. Not a commitment to lend.