Mortgage Refinancing
Make your home more affordable
Refinancing your mortgage can give you additional flexibility if you want to lower your payments or pay off your mortgage faster.
You have mortgage refinance options whether you're currently financed with RBFCU or with another lender.
To speak to the Mortgage Department, call 210-945-3300, select option 3, then option 2.
Low closing costs
By eliminating some of the upfront costs, RBFCU helps you turn your dream into reality. Qualifying loan types include: Conventional fixed-rate, 100% Financing, Jumbo, Construction and 5/5 adjustable-rate.
In addition, members have the option to purchase discount points to lower their rate.
What to expect when refinancing your mortgage
1. Apply for your loan
2. Complete paperwork
3. Close
Our Mortgage Lending Team will help you through each step of the loan process and make sure you know everything you need to know to close your loan with confidence
Three days must pass between reviewing your loan closing disclosure and being able to complete your closing paperwork, so please schedule accordingly.
What do I need to complete my refinance application?
- The remaining term on your current mortgage loan
- Your current employment, income and asset information
- Your contact and personal information (address, date of birth, phone number and email)
- Information for joint borrowers you plan to include on the mortgage loan (date of birth, address, income and employment, Social Security number and contact information; if applicable)
- Verification of your current homeowners insurance policy
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Can I refinance my mortgage even if I owe more than my home is currently worth?
Yes, but you would need to pay the difference between what is owed on your mortgage and your home's current value at closing.
Still have mortgage questions?
Loans subject to credit approval. Rates and terms subject to change without notice. RBFCU mortgage loans are available only on property in Texas. Origination fee program not available for short term loans, FHA or VA loans. NMLS# 583215
Federally Insured by NCUA. Equal Housing Lender.
