RefiNow™ and Refi Possible Programs
New Federal Mortgage Refinance Programs
The Federal Housing Finance Agency (FHFA) is expanding access to lower mortgage rates with two new refinancing programs based on specific income qualifications. So, if you were previously denied for a mortgage refinance, you may now qualify. These programs, which include RefiNow™ for Fannie Mae borrowers (available now) and Refi Possible for Freddie Mac borrowers (available in late October), offer savings and reduced up-front costs. Combine that with the fact that mortgage rates are at a historic low, and you may be surprised at how much you could save.Check Fannie Mae Eligibility
Check Freddie Mac Eligibility
RefiNow and Refi Possible Perks
Reduced Interest Rate
You can expect your interest rate to decrease by at least 0.5%.
Lower Monthly Payment
Have your mortgage payment reduced by at least $50 a month.
An Appraisal Credit
Get a credit of up to $500 from the lender if an appraisal is necessary.
Home Refinancing Resources
Refinance Calculator
Estimate how much you may be able to save on your monthly payment.
Calculate Now Reasons to Refinance
Find out all the ways refinancing could save you money.
Our experienced mortgage loan experts help people save money every day. Even if you don't qualify for RefiNow™ or Refi Possible, you can benefit from refinancing your mortgage in multiple ways, including:
- Lowering your interest rate and monthly payments
- Changing the term of your mortgage to pay it off faster
- Cashing out on your home’s equity for renovations, large purchases or debt consolidation
- Eliminating Private Mortgage Insurance (PMI)
Profit Payout
We share our profit with our members.
As a not-for-profit credit union, we return our profit to those who bank with us in many ways—like better rates, lower fees and our Profit Payout1. This year we gave back a record-breaking $9.5 million to our members, and qualifying households with a mortgage received an average payout of $289!Member Favorites
Hybrid Home Equity
Unlock your home’s potential to cover renovations, debt consolidation and more.
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