Don't settle for the first refinance rate you see. It pays to shop around for the best rates, so check rates from at least three lenders when you’re looking to refinance your home loan.
It's best to refinance when rates are low. Rates can change daily, so keep track of the latest McHenry, IL refinance rates and work with your lender to lock in a rate.
Refinancing can help you use some of your hard‑earned equity to pay for large expenses, like major home improvements or college tuition, by taking out additional cash at closing.