Contact us for all available mortgage loan products and rates!
| 5/1 Conforming ARM | 7/1 Jumbo ARM | 30 Year Fixed Jumbo |
|---|---|---|
| 4.281% APR | 4.327% APR | 3.814% APR |
| 3.250% Rate | 3.500% Rate | 3.750% Rate |
| DISCLOSURE | DISCLOSURE | DISCLOSURE |
| Apply Now | Apply Now | Apply Now |
Refinancing is a practical financing option that can offer you long-term rewards. Whether you want to lower your monthly payment, borrow against the equity in your home to get cash, or both, Stanford FCU is here to help.
Please speak with a Mortgage Consultant for details on all of our loan products.
| Understanding Home Loans |
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There are many factors to consider — your financial goals, the size of your loan, the value of your home and the interest rates of your existing loan and new mortgage. Some other important questions to ask are: How much will my payment go down? What are the costs associated with refinancing my mortgage? Will I have to pay points? What about settlement costs?
The length of time you plan to stay in your home is another factor to consider when refinancing. If you’re planning to move in a year or two, paying upfront fees may not be the best idea. The savings in your monthly payment may not be enough to offset your initial investment. As a rule of thumb, most mortgages have $1,500 – $4,000 in associated closing costs.
Features and Benefits:
Stanford FCU can help you build equity faster, own your home free-and-clear sooner, and save thousands of dollars in interest. Ask your Stanford FCU Mortgage Consultant about our bi-weekly payment program.
Learn the ins and outs of mortgage loans, whether you’re a first-time homebuyer or considering a refinance.