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What Is It?
Refinance with Yolo Federal
There’s a lot of reasons you might be interested in refinancing your Home Loan. Maybe your monthly payment is too much for you, or perhaps you’re looking for a better deal. Whatever your reason, we’d love to be your new lender.
Why Yolo Federal
Come on Home
- Lower Your Monthly payments
- Pay off your loan faster
- use your home's equity to access cash
FAQs
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What is refinancing?
Home Loan Refinancing is the replacement of an existing loan with a brand new loan on your home.
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What are the advantages of refinancing?
Some of the advantages of Home Loan Refinancing include:
- Taking equity out of your home
- Lowering your interest rate
- Lowering your loan term
- Lowering your monthly payment
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What is equity?
Equity is the difference between the current value of your home and the amount of your mortgage.
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I want to know more about refinancing, where do I start?
Head to our YouTube Page to learn more about Home Loan Refinancing from our Home Loan Consultant or contact our Real Estate team directly.
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Can anyone apply for a Home Loan refinance?
To apply, you must qualify for membership, and the property must be located in Yolo, Sacramento, Placer, or El Dorado counties or within 50 miles of our corporate office.
To qualify for membership, you must live, work, worship, attend school, or looking to purchase your primary residence in Yolo, Sacramento, Placer, or El Dorado counties.