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Looking to refinance? 
Get a $1,000 Closing Cost Credit.
No questions asked.

Conventional Mortgage Refinance

Improve your Mortgage
to suit your needs.

Leverage your home's equity with a Cash-Out Refinance


More borrowing power for bigger transactions

Reduced Closing Costs
Receive a $1,000 closing cost credit when you refinance your mortgage with Credit Union ONE
Refinance Options
Change your interest rate or term, or consolidate debt.
Cash Out Option
Offers cash-out refinancing to qualified borrowers
Get More
Borrow between $10,000 and $548,250
Refinance Loan-to-Value (LTV)
LTV up to 95%
Refinance Terms
Fixed and adjustable rates available with terms up to 30 years.
Private Mortgage Insurance (PMI)
PMI is required if Loan-To-Value is over 80%.
Closing Costs
Closing costs are required for this type of refinance loan.
Get started with your Conventional Refinance Loan.
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Related resources

If I buy a house, how soon can I refinance?  

There is no time limit if Loan-To-Value requirements are met. Talk with a lender today to see if you meet those requirements or how to meet them sooner.

What does Loan-to-value (LTV) ratio mean?

To calculate this ratio, you need to compare the amount you want to take out compared to the apprasial value of your home.  

ex.)  If you buy a house that appraises for $150,000 and put down $15,000 (10% of the appraised price) you will then need to borrow $135,000 from the bank. The loan-to-value ratio will then be 90%. The higher the LTV ratio, the greater the risk because defaults are more likely. LTV decreases as you put more down. 

What is a Cash Out Mortgage Refinance?

The difference between the mortgage and the refinance amount is transferred to you in cash and can be used for home improvements, debt consolidation, or other financial goals. To refinance with a cash-out, you must have built up equity in your house. In contrast, traditional refinancing involves replacing your existing mortgage with a new one with the same balance