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Now might be the perfect time to get a lower interest rate on your mortgage.

Home Loan Refinancing

Simple application and
quick closing

Here's why refinancing could be the right fit.

Home Equity Line of Credit
Get an introductory rate of 3.75% APR* for the first 12 months** then a variable rate as low as 5.00% APR*            

A good solution for many Michigan homeowners


If interest rates are lower today than when you got your current mortgage, now could be the perfect time to refinance your mortgage at our competitive rates. Credit Union ONE provides access to a variety of conventional and government programs with different terms, fixed and adjustable rates and other features that can help you lower your monthly mortgage payment. We want to help you get more financial breathing room, and a mortgage refinance could be the answer. Apply online or visit us at one of our convenient locations throughout Michigan including metro Detroit, Grand Rapids, Traverse City and beyond.
View Home Loan Refinancing Options

Home Refinancing Mortgage

Refinance your home with a mortgage from Credit Union ONE. 
 
  • Fixed or adjustable rates available
  • Terms up to 30 years
  • Borrow between $10,000 and $453,100
  • Refinance up to 100% of your home's combined loan to value
  • Rate and term, or cash-out refinance

Equity Advantage

Our Equity Advantage option is the right fit for members who want to tap into the equity of their Michigan home.
 
  • Fixed rate mortgage terms up to 20-years
  • Borrow between $10,000 and $200,000
  • Access up to 90% of your home's value without mortgage insurance (PMI)
  • Rate and term, or cash-out refinance
  • No closing costs*

*Credit Union ONE waives fees for Collateral Valuation (including appraisal if required), Credit Report, Flood Certification, Junior Title Policy and Mortgage Recording. Applicant pays appraisal fee which is fully reimbursed at closing if loan approved and loan closes within 45 days of application. 

Get started with your Home Loan Refinance.
Apply Now
Related resources

What is the difference between a traditional mortgage and an FHA?

Our Home Mortgages page explains the details of our various mortgage options.

What are the benefits of a VA loan? 

Our VA Loans page  provides all the details about this option.

How do I apply for a mortgage? 

Apply online, in person at any Credit Union ONE Branch or call 800-451-4292 and speak to a Mortgage Loan Originator. Status can be checked by calling your loan representative or 800-451-4292.

How do I refinance my mortgage? 

Apply online, in person at any Credit Union ONE Branch or call 800-451-4292 and speak to a Mortgage Loan Originator. Status can be checked by calling your loan representative or 800-451-4292.

How do I check the status of my mortgage application? 

Status can be checked by calling your loan representative or 800-451-4292.

How can I get more loan coupons?

Call the Member Contact Center at 800-451-4292 or visit a branch. There is a $5.00 fee for a set of 36 coupons.

How do I close a loan with Credit Union ONE?

Loan closing can be done at any Credit Union ONE branch. Some loans can also be closed electronically.

What are your current mortgage rates?
 

Our Rates page provides the most updated rates we're offering. 

Where do I find information on my loan title?

Michigan is not a title holding state. Titles that are issued in the state of Michigan will be mailed to you once the Credit Union ONE lien is placed on it. If  a vehicle is titled out of state and that state is a title holding state, then the members title will be held at Credit Union ONE until the loan is paid in full.

I made my payment and I was charged a late fee. Why?

Call the Member Contact Center at 800-451-4292 or visit any Credit Union ONE branch. If many cases, you might have sent in a loan payment but it was short a few cents. Your loan will become past due if the difference is not made up before the next due date and a late fee will be assessed. 

How can I obtain a letter of guarantee?

Please visit a branch location of call the Member Contact Center at 800-451-4292 for more information.

How can I change the due date of my loan payments?

The Member Contact Center Loan Servicing Agents can assist members with changing the due date on their loan that may better for their budget. Credit Union ONE does not refinance our own loans however we can look into lowering the interest rate on the loan if the member qualifies. If members are facing financial difficulties, we can assist with starting the Loan Modification process.