Shorter term.
Save money.
Shave years off your mortgage and lower the amount of interest you'll pay by refinancing to a shorter term loan with WECU.
Refinance. Save. Spend.
Refinancing is a great way to lower your interest rate and payments. You can also use a refi to consolidate debt or take out cash. Apply Now
Check out our great rates below
| Loan Type | Rate* | Points | APR** | Example Loan | Monthly Payment*** | effective date |
|---|---|---|---|---|---|---|
| 30-Year Fixed | 6.375% | 1.000% | 6.525% | $300,000 | $1,871.61 | 10/11/2024 |
| 15-Year Fixed | 5.875% | 0.750% | 6.077% | $300,000 | $2,511.36 | 10/11/2024 |
| 7-Year ARM | 7.125% | 0.625% | 7.507% | $300,000 | $2,021.16 | 10/11/2024 |
| 30-Year Fixed Invest | 7.500% | 0.750% | 7.613% | $300,000 | $2,097.64 | 10/11/2024 |
| Jumbo 30-Year Fixed | 6.375% | 0.625% | 6.473% | $900,000 | $5,614.83 | 10/11/2024 |
| Jumbo 15-Year Fixed | 5.750% | 0.625% | 5.905% | $900,000 | $7,473.69 | 10/11/2024 |
| 7-Year Jumbo ARM | 6.250% | 0.500% | 6.999% | $900,000 | $5,541.45 | 10/11/2024 |
*Rates are for owner occupied (unless specifically noted as Investment), single-family refinance of existing balance, 75% loan to value and credit score of 780.
**The Annual Percentage Rate (APR) is the cost of credit expressed as a yearly rate. The APR takes into account closing costs and fees. Interest rates, APRs, and points shown are subject to change without notice.
***Payment examples are principal and interest only and do not include amounts for taxes and insurance premiums. Actual payment may vary based on your specific situation.
Why Do You Want to Refinance?
Refinancing your mortgage with WECU can help you save time and money, increase your cash flow, or put your home's equity to work. Calculate what your new payment would be with our 15 vs. 30 year mortgage calculator.
Are you a veteran?
Refinance Your Mortgage with a VA Loan
Maximize the benefits of your service with VA loan refinancing options tailored to your needs. Take advantage of competitive rates, flexible terms, and personalized support as you refinance your home. Visit our VA loans page to explore how we can assist you in achieving your financial objectives.
Ready to Refinance Your Mortgage?
Get started today with WECU for fast, flexible, and convenient home refinance solutions.
The information provided on this page is for comparative purposes only. Rates and terms may change at any time and without prior notice. Your actual rate, payment, terms and costs could be different. Get an official Loan Estimate before choosing a loan. Your rate, fees, and terms may differ based on when your rate is locked, actual occupancy status, loan purpose, loan amount, credit score, debt to income ratio, loan to value ratio, etc. The payment examples do not include mortgage insurance. The actual payment will be higher if mortgage insurance is required on your loan. The payment examples do not include amounts for taxes and insurance premiums. Your actual payment obligation will be greater considering taxes and insurance premiums.
For current pricing on Multi-Unit (2-4 family) properties or Single-wide/Manufactured Homes in a park, contact one of our Team Members at 800-525-8703 x7390 or through our Team page.