Homeowners can refinance their mortgage to access home equity for paying off credit card or other high-interest debt, consolidating loans at a lower fixed interest rate, home improvements, or getting cash out. Summit Mortgage Services, located in Jacksonville, Florida, can help homeowners refinance their mortgage and receive $400 off closing costs by showing a Good Faith Estimate from another lender, which they will meet or beat. Refinancing provides homeowners with extra cash from their home's equity.