Mortgage Rates Are Low!

3/25/10 by Brad Benson, Mortgage Lending Manager

In times of economic uncertainty, it's nice to know there is something you can be certain about - the cost advantages of a fixed-rate mortgage with BTCU. We understand that mortgage rates and refinancing are pressing topics from many homeowners right now. Whether you currently have a mortgage with BTCU or another lender, you can benefit from refinancing.

BTCU offers refinancing opportunities for 15 and 30-year fixed rate home loans. By refinancing, you may lower your monthly payment or choose to pay off your loan sooner with less interest. You may also consolidate other debt with the equity you gain from refinancing. 

Do you have an Adjustable Rate Mortgage (ARM)?
If you have an ARM and you want a dependable fixed-rate mortgage, now is the time to convert. Take advantage of this opportunity; local in a low rate and eliminate the uncertainty in your mortgage and monthly payments.

Here are a few questions to ask yourself before refinancing: 
> What is the interest rate of your existing mortgage?
> What is the interest rate if you refinance now?
> How long do you plan to stay in your home?
> What is your current income and credit status?

Once you have all the information you need, you are ready to make a well-informed decision to refinance.

Refinancing: It's easier than you think.
We make the refinancing process easy with a user-friendly online application. Click the link below to apply now. If you have any questions or would like more details, give me a call today at 763.255.2668.