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Home Loan Refinancing

Low rates + Saving on your mortgage payment every month.

Your home is your biggest asset. But for many people, mortgage payments are just another thing to worry about at the end of the month. When you refinance your mortgage with Addition Financial, we’ll work with you to access additional funds for new financial needs or save money by lowering your monthly payment or shortening the length of your term.

Balance-Only Refinances

This refinance option is perfect for someone who is looking to lower their monthly payment or shorten the length of the term on their current home loan.

  • 10, 15, 20 and 30 year terms available
  • Your current home loan must have a balance of $25,000 or more
  • Up to 95% loan to value for single family homes
  • Up to 80% loan to value for second homes
  • Up to 75% loan to value for investment properties, lot loans & condos
  • Up to 70% loan to value for manufactured homes

Cash-Out Refinance

If you want to refinance your home loan at a better rate while using the equity in your home to borrow additional funds, this option is for you.

  • 10, 15, 20 and 30 year terms available
  • Use the equity in your home to access additional funds for new financial needs
  • Up to 80% loan to value for single-family homes
  • Up to 75% loan to value for investment properties, second homes, lot loans & condos
  • Up to 65% loan to value for manufactured homes

Learn more about refinancing your mortgage

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Refinance your mortgage

Get one step closer to paying off your home. We’ll work with you to reduce your monthly payments or shorten your term.

  1. 1
    Review eligibility

    Anyone who lives, works, worships, attends school or vocational training, or is an alumni of any college, university, or educational institution in 22 select counties may join. View our Join Today page for full eligibility.

  2. 2
    Complete loan application

    When you’re ready, complete the online application or visit your branch to apply in person.

  3. 3
    Get your new loan

    Enjoy your lower monthly payments or your shorter term.