Skip to Main Content Skip to Sitemap Skip to Online Banking
placeholder for jump to top link

Looking to refinance? 
Get a $500 Closing Cost Credit.
No questions asked.

Home Loan Refinancing

Simple and convenient
application process

Here's why refinancing could be the right fit.

Home Equity Line of Credit
Get a variable rate as low as 1.99% APR*.  Then a variable rate, currently between 3.25% - 5.75%             
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 $484,350
  • Refinance up to 95% of your home's combined loan to value
  • Rate and term, or cash-out refinance

MAX Refi

Our MAX Refi 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 $250,000
  • Access up to 90% of your home's value without mortgage insurance (PMI)
  • Rate and term, or cash-out refinance
  • No closing costs*

Debt Buster

Pay off high-interest debt with one, low-interest payment and save on interest with our Debt Buster loan.
 
  • Fixed rate mortgage terms at 10, 15 or 20 years
  • Refinance up to 95% of your home's value
  • Consolidate high-interest debt
  • No Private Mortgage Insurance (PMI) required

*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.

What is the first thing I should do if I'm a first-time home buyer?

Our team of licensed and experienced professionals will combine their experience with your goals to find a unique financing solutions that fits. Get a fast pre-approval when you contact us today so you know your budget before beginning your home search.

If I've owned a home before, will I be able to qualify for first-time home loan programs?

Yes! If you haven't owned a home in 3 years or more, you may still qualify for this loan.

Is it possible for first-time home buyers to build their own house?

Yes! The first-time buyer who is employed for 2 years, meets both debt-to-income and credit guidelines, and has a down payment (if necessary) can build their own home.

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.

Do I need a Realtor to buy my first house?

If you are looking to purchase your first home, we highly recommend contacting a Realtor. Having a Realtor working for you and not the seller will ensure you are the top priority. Your Realtor will guide you every step of the way on what to do next so that you get the home of your dreams. If you want to start with a Realtor who has proven results with members, ask our Mortgage Lenders for recommendations.

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.

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.