Refinance & Home Equity Loans

When you refinance, it means that you pay off the entire amount of your existing  mortgage and take out a new mortgage. People often do this to get a lower interest  rate, to change term of loan i.e. 30 year to 15 year, or remove a co-signer from the loan.  It is essential you contact One Roof prior to refinancing (see Article 8.3). You can use the  form below. 

Home Equity Loans are loans where a homeowner borrows against some of the equity they have in their house. Equity is the amount you have paid on your mortgage, your down payment, and 25% of how much the house has increased in value compared to when you purchased. Equity is an important financial tool and one of the greatest financial benefits of owning a home. If you are interested in a Home Equity Loan, fill out  the form below or contact Brooke at (218) 481-4384 btapp@1roofhousing.org

12 E. 4TH STREET
DULUTH, MN 55805

Office Hours:
Monday-Thursday
8:00am-4:30pm*

*In-person appointments and office visits are by appointment only.  Please call 727-5372 to schedule an appointment!

Phone: (218) 727-5372

Fax: (218) 727-9368

Email: info@1roofhousing.org

JOIN OUR
MAILING LIST
One Roof Community Housing Copyright 2021