Got a Home in Massachusetts?
Lock In Your Best Mortgage From Just 2.21%

Mortgage Refinancing? Don’t Overlook Credit Unions


If you’re considering taking out a new home loan to take advantage of today’s refinance mortgage rates from lenders like Amerisave, don’t overlook credit unions, even if you’re not a member. Credit unions have nearly doubled their mortgage refinancing market share since 2007 and offer competitive refinance rates and fees. Here’s an article from with several reasons to take a hard look at community credit unions before mortgage refinancing.

» Mortgage Lender Spotlight «

Each month we showcase exclusive offers from top lenders
that can save you thousands of dollars on your next home loan.

Credit union mortgage rates can be very competitive, on par with and even lower than major banks. In addition, because credit unions typically don’t pile on lots of “junk fees” to their closing costs, the actual cost of borrowing is often lower than it would appear from just their posted mortgage rate.

Read More:

Remember Credit Unions are worth looking at even if you’re not a member. Most Credit Unions don’t manipulate their refinance mortgage rates with discount points, something big lenders like Bank of America and Wells Fargo Refinance are notorious for. As with any lender it’s important to pay close attention to the fees you’re paying at closing, including any mortgage loan origination fee. If you don’t recoup your closing costs from the lower payment amount when mortgage refinancing you’re losing money no matter how low your rates.

You can learn more about getting today’s lowest refinance rates without paying unnecessary lender fees or markup by checking out my free Underground Mortgage Videos.

People Who Read This, Also Read:

{ 0 comments… add one now }

Leave a Comment

Previous post:

Next post: