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Refinance Your Home

Refinancing your home at a better rate could save you big money in the long run

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or call 715-833-7251

The mortgage experts at Royal Credit Union can help you save money by refinancing! Refinancing lets you replace your old home loan with a new mortgage. You can see substantial savings over time if the new loan has a lower interest rate or better repayment terms.

Why Refinance?

You could save money by refinancing! When you refinance, it's your chance to take advantage of lower interest rates, change your repayment terms, or get cash out of your home.

Lower Your Interest Rate

The most popular reason to refinance is to take advantage of a lower interest rate. A new loan with a lower rate could reduce your monthly payment and save you thousands over the long term. You could also be eligible for a new lower interest rate if your credit score has improved over time.

Pay Off Your Loan Faster

Switching to a shorter loan term can help you pay off your home quicker, and you'll pay less interest.
Refinancing can also be used to convert an adjustable-rate mortgage to a fixed-rate mortgage or the opposite.

Get Cash Out Of Your Home

If you have equity in your home, a new loan could let you take cash out to make home improvements, consolidate debt, or pay off big expenses.

How To Get Started

Use our refinance calculator to see your potential savings from a lower interest rate or shorter repayment term. Refinancing will often cost you more in the short term due to closing costs on the new loan, but the savings over time can add up fast. Connect with our mortgage team to explore your options and maximize your savings. Once you’ve decided to refinance, our online process makes applications easy.

Use our Loan Consultant to get a real-world estimate of your refinancing rate and costs based on your property and credit score. Having these numbers will make calculating your savings easier and more accurate.

See Our Calculators

Refinance With Royal Credit Union

Hear a refinancing story from one of our Members! Royal Credit Union is here to help our Members turn their dreams into reality.


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