Home Loan Refinancing

Apply Now Couple laughs together on a deck.

Important Information About Refinancing

Due to low rates, many homeowners are refinancing. And with rates predicted to stay low for the foreseeable future, we continue to process thousands of loan applications.

To help serve you quickly, please follow our streamlined loan process:

  • Submit your mortgage loan refinance application online.
  • After you submit your application, you will be contacted within a matter of days.
  • Rest assured your application will be carefully tracked, and you will be contacted in the order your application is received.
  • To help us work quickly, please avoid calls or emails to check your application status.
  • Your mortgage loan officer will be in touch for a personal consultation to help you choose your best refinancing option.
  • Then, you and your loan officer will plan next steps to complete your refinance.

When can I lock my loan rate? We understand you want to lock in a low rate. For refinances, we cannot lock your rate at the time you submit an application. You will have the opportunity to review rates and lock the rate prior to accepting a scheduled closing date. Know that we are working quickly to process your application and finalize your loan. And while we can make no guarantees, rates are expected to stay low for the foreseeable future.


Get a Better Mortgage

Lower your interest rate, lower your monthly payment or pay off your home sooner by refinancing. Plus, free up cash for home improvements, debt consolidation and more.

Find Your Best Refi Option

Traditional Refinance

Classic refinancing for loans up to $510,400. Learn More 


Rapid Refinance

Save big with closing costs of just $149. Learn More 


Jumbo Refinance

Refinancing for loan balances over $510,400. Learn More 


What is Refinancing?

Refinancing basically involves replacing your current mortgage with a new one that’s a better fit. Benefits include:

  • Paying off your home sooner by reducing your mortgage term.
  • Building equity faster with a shorter mortgage term and different monthly payments.
  • Taking cash out of your home equity to pay for large, ongoing or unexpected expenses.
  • Lowering your monthly payments by changing your mortgage rate and term.

Refinance with Confidence

At UW Credit Union, we'll work hard to make your refinancing experience easy and stress-free.

  • Local team - We streamline the process and are here when you need us.
  • Online applications - Submitting your refinance application online is a snap!
  • Easy rate quotes - Explore options for your unique situation.
  • In-house servicing - We service our refinances, which means you can access your loan information and make payments in Web Branch.

Homeownership Resources

Your home is likely your biggest investment and most important asset. Make the most of it with a range of support and options from UW Credit Union.

  • Calculators - Crunch the numbers for your refinance, debt payoff and more.
  • Home Equity - Tap into the built-up equity in your home with a home equity loan or line of credit.
  • Seminars - Choose from a variety of free financial workshops to learn more about real estate and investing.

Refinancing FAQs

Check out helpful answers to the most frequently asked questions.

Learn More

We Can Help

Our local team of experts is here to make refinancing easy and hassle free.

Meet Our TeamContact Us



Enjoy the Benefits of Membership

When you refinance your mortgage with us, you become a member of UW Credit Union. Your membership gives you access to better rates and fewer fees than you'll find elsewhere, plus a range of valuable discounts and services like free financial seminars and budget help.

Learn More