Why refinance your mortgage?
When you refinance your mortgage, you can borrow up to 80% of the value of your home, at our low mortgage rate.
By using the equity in their homes, members get financing at our low mortgage rates for home renovations, paying off high interest debt or funding other life projects.
When you refinance, we will calculate a blended mortgage rate for your new mortgage, using the existing fixed rate on your existing mortgage amount and the current fixed mortgage rate for the new mortgage amount. This means you don’t have to pay a prepayment penalty for the mortgage that is being refinanced.