There are many reasons why refinancing your home might be right for you. Perhaps you are looking to reduce your interest rate and monthly payment. Maybe retirement is around the corner, and you have a goal to enjoy that milestone mortgage-free. If you have built up enough equity in your home, you may want to refinance and take cash out for a large purchase, to pay off debt or make home improvements. Whatever your reason, our experienced Mortgage Consultants can help you find the best option for you and your unique situation. There are costs associated with refinancing, so let us help you consider all of your options.
Members can refinance with our Conventional and Jumbo Fixed Rate and Adjustable Rate mortgages or our low-rate, short-term "On the House" mortgage. SCU Credit Union offers mortgages on 1-4 family, owner-occupied properties, condominiums, and vacation homes located within Massachusetts or Rhode Island.