Frequently Asked Questions

What is refinancing a mortgage?
Refinancing a mortgage is a pretty easy concept. Basically your original loan is paid off by a new loan. Then the balance on the new loan is extended across a given amount of years, making the interest and the monthly payment much lower for you.

How does a person become qualified?
In order to refinance a home loan, you will need to have a current home loan.

How long does it take to get my loan?
Your process could be as fast as a couple of minutes.

How many mortgage lenders do you compare?
We compare mortgage quotes with the top 30 lenders, so you are guaranteed a great deal!

Do I need to leave my house?
The reason why we exist is for your convenience. Apply for a mortgage quote is easy and always in the comfort of your own home.

Do you charge any sort of application fee?
1st Direct Mortgage Center does not charge an application fee.

Is it safe to apply for a mortgage quote online?
Absolutely. Please see our privacy page for more information on this subject.