Mortgage Refinancing

Lower your current interest rate to save on monthly payments.

The benefits of mortgage refinancing

Flexible mortgage loan terms.
Enjoy lower interest rates.
Save on monthly mortgage payments.

Refinance your home and save

Refinancing your home loan is a strategic move that allows you to take advantage of competitive interest rates and reduce your monthly mortgage payments. Members also enjoy:

Why consider mortgage refinancing?

Mortgage refinancing can be a game-changer for homeowners. Consider the following benefits to determine if it's the right choice for you.

Lower monthly payments

Refinancing at a lower interest rate can lead to reduced monthly mortgage payments. 

Shorten your loan term

Switching to a shorter mortgage loan term can help you pay off your mortgage faster and save on interest payments.

Access home equity

Unlock your home's equity to fund home improvements, consolidate debt or cover significant expenses. 

What our members say about us

The Credit Union helped me refinance my mortgage to a much lower rate, and the entire process was done virtually. In this current environment, it was nice to have my physical health, as well as, my financial health be a priority. My new lower payment is saving me $150 per month, which I’m saving in case of an emergency.

Alicia S.

Refinance today to lower your current interest rate and monthly payments.

Featured Resources

Mortgage Loan Calculator
Determine your monthly loan payment with this helpful calculator.
Insurance Discounts
Connecting you with discounted insurance coverage to protect your new investment.
Financial Education Seminars
Schedule a seminar to learn about various financial topics.

Save up to $2,500 on closing costs

Home loans to help you whether you're upgrading, downsizing or a first-time homebuyer. 

Frequently Asked Questions

You can apply by calling 301.779.8500 ext. 5401 or online through our Mortgage Center

Yes, our loan officers are available to answer any questions Monday through Friday from 8:30 am to 5:00 pm. Please call 301.779.8500 ext. 5401.

We offer fixed-rate and ARM loans for the purchase or refinance of a primary or secondary home. We offer financing up to 97% of the appraised value.

* The expected monthly principal and interest payment for a 15/15 adjustable rate mortgage of $280,000 at an initial interest rate of 6.500% with 0 points (7.140% APR) is $1,769.79. Total estimated payments of $723,682.61 (30 year repayment). Payment does not include taxes or insurance, actual payment may be higher. Rate is variable and can increase by no more than four percentage points every 15 years, never to exceed four percentage points above the initial rate (10.500% for this example). When the rate adjusts, your new rate will be the then current index (Weekly One Year Constant Maturity Treasury, or CMT) plus a margin of 2.750%, as long as the total adjustment does not exceed the 4.00% adjustment cap (7.750% for this example). The interest rates, annual percentage rates (APRs), discount points and rebates shown are subject to change without notice. Rates, terms and conditions vary based on creditworthiness and qualifications. Subject to credit qualifications and approval. All applicants must meet membership eligibility requirements.