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Belco's Online Banking

Mortgage Refinance

See your home through fresh eyes with a mortgage loan refinance from Belco Community Credit Union. Refinancing your home loan isn’t just a great way to save money but an excellent way to make the most of your most valuable asset.

Customize your home loan to meet your changing needs with a Belco Community Credit Union Mortgage Refinance. Benefits of refinancing may include:

Lower Monthly Payments

Lengthen your home loan’s term or add to your equity to lower what you pay each month.

Affordable
Interest Rates

Want to pay less for your property over time? Refinancing can get you a lower interest rate.

Personalized Assistance

Trust our experienced loan officers to find the right mortgage refinancing deal for your unique needs.

Flexible
Options

Reduce payments and interest rates or pay off your loan amount sooner. The choice is yours.

See Our Mortgage Refinance Rates


How Does a Belco Community Credit Union Refinance Work?

Refinancing your mortgage allows you to better align your monthly payments with your current financial needs and longer term goals.

Talk to our mortgage refinance team about the best loan option for you. Depending on your situation, you may choose to apply for a new loan to:

  • Lower your monthly mortgage payment or interest rate
  • Save money by paying off your loan sooner
  • Tap your equity to take cash out of your home

Wondering how much you can save with a mortgage refinance? Try the Belco Community Credit Union mortgage refinance break-even calculator, where you can input details about your specific loan and instantly get a report with estimated monthly savings, and how long it will take to break even after paying closing costs.

A family having fun at home after getting a credit union mortgage refinance.

How to Apply for a Mortgage Refinance

STEP 1

Calculate the equity you currently hold in your home.

STEP 2

Gather your documents and apply for a refinanced mortgage.

STEP 3

Benefit from a home loan that better serves your needs.

★★★★★

“Very nice credit union. The staff is extremely helpful
with my questions or any concerns. They are very
professional people. The best credit union by far.”

Angela M., Mechanicsburg, PA.


More Benefits of a Belco Community Credit Union Refinance

Free Up Cash

Turn your home equity into money you can use with a cash out refinance.

Boost Your Budget

Lower your monthly loan payment and put dollars in your pocket by refinancing over a longer term.

Save Your Money

Refinancing at a lower rate can mean big long-term savings on interest payments.

Build Equity Faster

Increase your stake in your home so you can benefit more from rising prices when you sell.

Invest in Tomorrow

Do you have extra cash on hand? Put it to work by shortening your mortgage term or paying down your balance faster. Your home might just be your smartest long-term investment!

Plan for the Future

Find the peace of mind that comes with knowing that your home is completely paid off.


Start Your Belco Community Credit Union Refinance Today

Mortgage Refinance FAQs

When is the best time to refinance my mortgage?

The best time to refinance your mortgage is when you feel the most comfortable in your financial situation but are also carrying a mortgage with a higher-than-average interest rate. Speak with a loan officer or member services representative for additional information on the best time to refinance mortgage loans.

Are there any reasons why I should not refinance my mortgage?

Refinancing your existing mortgage at a lower rate can save thousands over the life of the loan. However, it is not recommended to refinance your home if the long term costs will outweigh the savings. For homeowners who don’t plan to stay in their home for much longer or who are close to paying off their mortgage, a refinance might not offer much in savings.

How do I know if it is worth refinancing my home mortgage now?

Check out the Belco mortgage refinance break-even calculator to help determine what is best for you, or get in touch with our team at mortgages@belco.org to learn more about your refinance options.


More Ways to Save and Earn With Belco

Fixed Rate Home Equity Loans

Tap into the equity in your home to access lower interest rates and finance your next home project, consolidate debt, or reach another goal!

Home Equity Lines of Credit

A HELOC works like a credit card, but since it’s backed by your home, you’ll enjoy much lower rates. It’s a flexible way to finance ongoing or unexpected expenses.

Visa Platinum Card

With no annual fees and free balance transfers, our Visa Platinum Credit Card could be exactly what you need for everyday purchases and smart money management.

*APR=Annual Percentage Rate.

** This is not an offer to extend consumer credit as defined by section 226.2 of Regulation Z. Rates and terms are subject to change without notice. All applicants are assessed following a completed application. Equal Housing Lender. All loans subject to credit approval.

You spoke; we listened! Please be aware that our phone menu options have changed when contacting Belco Community Credit Union. Please listen carefully so that we may best direct your call.

You spoke; we listened! Please be aware that our phone menu options will be changing on June 23rd when contacting Belco Community Credit Union. Please listen carefully so that we may best direct your call.