Own Your Home Sooner.
Refinance into a shorter term, which may help you build equity faster and reduce the total interest paid over the life of your loan.
One loan. Flexible ways to buy.
However you earn, there’s likely a path to approval.
- Refinance into a shorter repayment period
- Standard documentation: income, assets, and credit
- Primary residence, second home, or investment property*
- The monthly payment usually rises, total interest falls
- A full appraisal is normally required
- Works at any rate level, not only when rates fall
Loans from eligible amounts up to conforming loan limits*
Buy, refinance, or take cash out
Primary, second home, or investment property
Standard documentation: income, assets, and credit
Low-down-payment options available*
Fixed-rate and adjustable-rate (ARM) options
What is the Saxton Shorter-Term Refinance?
Refinancing to own the home outright sooner
The Saxton Shorter-Term Refinance is a full-featured mortgage that follows Fannie Mae and Freddie Mac guidelines, written for owners optimizing total interest rather than the monthly payment.
Qualify with standard documentation: income, assets, and credit reviewed the usual way.
Use it to purchase a home, refinance your current mortgage, or take cash out of your equity, on a primary residence, second home, or investment property, with loan amounts up to $832,750, or up to $1,249,125 in higher-cost counties.*
Why choose the Saxton Shorter-Term Refinance?
Built for qualified buyers whose standard documentation don’t tell the whole story.
Ten Years In
Owners a decade into a loan are the natural fit, because the remaining balance makes the shorter period affordable.
Retiring Without A Mortgage
Timing the payoff to the year you stop working is a common and entirely rational reason to do this.
Move-Up & Repeat Buyers
Pay this one off sooner, or move up when you are ready.
No Cash Involved
This is a rate and term refinance. Nothing comes back to you, which keeps the pricing better than cash out.
Equity Builds Faster
A shorter repayment period builds equity quickly, which can also bring mortgage insurance to an end sooner.*
It Works At Any Rate
Unlike a rate refinance, this one is not waiting for the market. The saving comes from the period, not the rate.
Hear From Homeowners Like You
Frequently Asked Questions
Straight answers about paying your home off sooner.
Loan limits follow the annual conforming limits set by county. For 2026 the one-unit limit is $832,750, rising to $1,249,125 in higher-cost counties, with jumbo options above those limits.
Yes. Low-down-payment options make buying your first home more attainable.*
A shorter term pays your mortgage off sooner. Your payment and total interest will differ, and your options are confirmed at underwriting.
There is no fixed minimum credit score on this program. Eligibility is determined by automated underwriting, which weighs your credit history alongside your income, assets, and the property. Stronger credit generally opens more options.
What you bring to closing is cash for closing costs, prepaid taxes and insurance, and any escrow funding, and some of that can often be rolled into the new loan. The trade on a shorter term is a higher monthly payment in exchange for a great deal less total interest.*
Yes. Fixed-rate and adjustable-rate (ARM) options are available on eligible programs.
Shortening your term is a rate and term refinance. Cash-out refinancing is a separate option.
Find out what you qualify for
Whether you’re buying, refinancing, or pulling cash out, there’s likely a Saxton Shorter-Term Refinance program that fits. Get a fast, no-obligation pre-qualification today.
Get Pre-Qualified- Consumer Financial Protection Bureau, mortgages
- Consumer Financial Protection Bureau, buying a house: tools and resources for homebuyers
*Loan amounts, rates, terms, and down payment requirements are subject to credit approval, income and asset verification, and program eligibility. Loan limits follow the annual conforming limits set by county. Down payment and cash-out limits vary by occupancy, credit score, and documentation type. Not all applicants will qualify. Saxton Mortgage, LLC is an Equal Housing Lender.