Refinance a Home
Refinance Loan Types
Fixed-Rate | Adjustable-Rate | Jumbo Loans | HELOC
Refinancing could help you reduce payments on your existing mortgage, take advantage of a lower rate, cash out home equity, or change your loan terms to lower interest payments. Whatever your reason is to refinance, BECU can help you find the terms that meet your needs. At BECU, we offer no origination fees on most loans, multiple loan options and mortgage advisors to help you find the right option for you.
Fixed Rate Mortgage
Refinancing with a fixed rate loan can be best for homeowners looking to stay in their home for at least 10 more years, and want the security of fixed mortgage payments. BECU offers a variety of fixed-rate mortgage options. Learn more about Fixed-Rate Loans.
Adjustable Rate Mortgage (ARMs)
Adjustable-rate mortgage loans (ARMs) can be a great option for those looking to reduce their payments, especially for those considering selling in a few years. ARMs come in terms of 5, 7, and 10 years. Learn more about Adjustable-Rate Mortgages (ARMs).
Jumbo Loans
Need a little more? A jumbo loan might be right for buyers looking to make a purchase on a home with a higher price tag.With lower rate options than some conventional loans, jumbo loans offer great refinance alternatives in high-cost housing markets. BECU offers jumbo loans requiring as little as 5% down and has a variety of fixed-rate and adjustable rate (ARM) options. Learn more about Jumbo Loans.
Home Equity Line of Credit (HELOC)
Although technically not a refinance loan product, a home equity line of credit (HELOC) is another option for those looking to take money out of their home. Learn more about HELOC Loans.
Mortgage loans are subject to membership, credit approval, and other underwriting criteria; not every applicant will qualify. Certain restrictions apply. Home loan programs, terms, and conditions are subject to change without notice.