Mortgage Refinancing
It's a second chance to get the home loan you want
Refinancing your mortgage with Point Breeze Credit Union can provide relief you need
Potential savings
You could save thousands of dollars with a lower interest rate or different term.
Two options
Choose a fixed-rate or adjustable-rate mortgage, depending on your specific needs.
Local servicing
You'll always work with the people you know at Point Breeze Credit Union.
Refi to reset your finances
Maybe the last time around you ended up with a mortgage rate that made you grit your teeth or a monthly payment that made things too tight. We want to work with you to help you get a home loan that's aligned with your goals. By refinancing, you could lower your monthly payments or create a strategy for paying off your home sooner, with the possibility of accessing equity you can use for debt consolidation, purchases and so many other purposes. Our mortgage experts will provide all the guidance you need and explain your options thoroughly.
Point Breeze Credit Union is a full-service financial institution with locations throughout Maryland.
Mortgage Rates
| Product | Base Rate | APR as low as* | Points | Monthly Payment (per $100,000)** |
|---|---|---|---|---|
| 5 Year Fixed | 5.125% | 5.412% | None | $1,892.78 |
| 10 Year Fixed | 5.250% | 5.457% | None | $1,072.95 |
| 15 Year Fixed | 5.375% | 5.521% | None | $810.55 |
| 20 Year Fixed | 5.750% | 5.867% | None | $702.21 |
| 30 Year Fixed | 6.375% | 6.466% | None | $624.68 |
| 5/1 Adjustable Rate | 5.125% | 6.572% | None | -- |
| 7/1 Adjustable Rate | 5.250% | 6.879% | None | -- |
Credit qualifications and approval are required. Rates, terms, and conditions are subject to change without notice. Rates shown are the lowest rates available for loans up to $766,500. Jumbo mortgages are also available. Actual rate may vary based on the term, loan amount, your credit history, or other factors. Adjustable Rate Mortgage (ARM) rates and payments are subject to increase after the initial fixed-rate period (5 years for a 5/1 ARM, 7 years for a 7/1 ARM). Minimum down payment of 3-10% is required. Speak with a representative about closing costs.
*Annual Percentage Rate (APR) is calculated using typical fees and terms, and 30 days to your first payment. Your fees and APR may be different.
**Payment examples are based on a $100,000 loan with 80% loan-to-value and do not include taxes, insurance, or other escrows, if applicable. Your actual payment will be greater when these are applied.