Skip to Main Content
Family sitting together outside of house

Refinance Your Mortgage

Refinance Your Mortgage

Reduce monthly payments, your rate or put your home's equity to good use.

At a Glance

We're ready to help you refinance your home. DCU has several options that may help you lower your rate, lower your monthly payment, shorten your term, or all three.

Features / Benefits

Regular and Jumbo Mortgage options available - For Fixed-Rate or Adjustable Rate Mortgages.
Expert guidance – Whether this is your first refinance, or you are a veteran to the process, we’ll help you navigate the mortgage process.
DCU service for the life of the mortgage - We’ll service your loan as long as you have it, so you’ll never have to worry about making payments to a different lender or prepayment penalties.
Online access – Manage your account through online and mobile banking from anywhere.
60-day rate lock - Don't lose out on that low rate as you go through the mortgage process!
As Low As
3.12% APR
RATING
4 4 / 5 stars

TERM

30 - Year Fixed-Rate

Refinance Fixed-Rate Mortgage Rates

The advertised rates are for loans up to $548,250 and reflect the lowest available rate.

Terms Terms Interest Rate Interest Rate APR² APR² EMP¹ per $1,000 EMP¹ per $1,000
30-Year Fixed 3.000% 3.12% $4.22
20-Year Fixed 2.875% 3.05% $5.48
15-Year Fixed 2.375% 2.59% $6.61
10-Year Fixed 2.250% 2.57% $9.31
Terms Terms Interest Rate Interest Rate APR² APR² EMP¹ per $1,000 EMP¹ per $1,000
30-Year Fixed 3.000% 3.12% $4.22
20-Year Fixed 2.875% 3.05% $5.48
15-Year Fixed 2.375% 2.59% $6.61
10-Year Fixed 2.250% 2.57% $9.31

¹EMP= Estimated Monthly Payment is for principal and interest per $1,000 borrowed. Payment examples do not include taxes or insurance premiums, payment obligation will be higher.

²APR= Annual Percentage Rates are subject to change at any time.  Rates are determined by creditworthiness, loan-to value (LTV), occupancy status, property type and loan purpose, so your rate could be higher. All loans are subject to approval, other conditions may apply.

Rates are effective {currentdate}.

Refinance Jumbo Fixed-Rate Mortgage Rates

The advertised rates are for mortgage loans over $548,250 and reflect the lowest available rate.

Terms Terms Interest Rate Interest Rate APR² APR² EMP¹ per $1,000 EMP¹ per $1,000
Jumbo 30-Year Fixed 3.000% 3.16% $4.22
Jumbo 15-Year Fixed 2.375% 2.66% $6.61
Jumbo 10-Year Fixed 2.250% 2.46% $9.31
Terms Terms Interest Rate Interest Rate APR² APR² EMP¹ per $1,000 EMP¹ per $1,000
Jumbo 30-Year Fixed 3.000% 3.16% $4.22
Jumbo 15-Year Fixed 2.375% 2.66% $6.61
Jumbo 10-Year Fixed 2.250% 2.46% $9.31

¹EMP= Estimated Monthly Payment is for principal and interest per $1,000 borrowed. Payment examples do not include taxes or insurance premiums, payment obligation will be higher.

²APR= Annual Percentage Rates are subject to change at any time.  Rates are determined by creditworthiness, loan-to value (LTV), occupancy status, property type and loan purpose, so your rate could be higher. All loans are subject to approval, other conditions may apply.

Rates are effective {currentdate}.

 

Refinance Adjustable Rate Mortgage (ARM) Rates

The advertised rates are based on a 30-year term, for loans up to $548,250 and reflect the lowest available rate.

ARM Program² ARM Program² Initial Interest Rate Period Initial Interest Rate Period Initial Interest Rate Initial Interest Rate APR³ APR³ Initial Rate Period # Monthly Payments Initial Rate Period # Monthly Payments Initial Rate Period EMP Per $1000¹ Initial Rate Period EMP Per $1000¹ Fully Indexed Rate Fully Indexed Rate Fully Indexed Rate # Monthly Payments Fully Indexed Rate # Monthly Payments Fully Indexed Rate EMP Per $1000¹ Fully Indexed Rate EMP Per $1000¹
5/1 ARM 5-Years 2.375% 2.82% 60 $3.89 2.875% 300 $4.15
5/5 ARM 5-Years 2.625% 3.32% 60 $4.02 3.625% 300 $4.56
7/1 ARM 7-Years 2.500% 2.82% 84 $3.95 2.875% 276 $4.15
10/1 ARM 10-Years 2.625% 2.84% 120 $4.02 2.875% 240 $4.15
ARM Program² ARM Program² Initial Interest Rate Period Initial Interest Rate Period Initial Interest Rate Initial Interest Rate APR³ APR³ Initial Rate Period # Monthly Payments Initial Rate Period # Monthly Payments Initial Rate Period EMP Per $1000¹ Initial Rate Period EMP Per $1000¹ Fully Indexed Rate Fully Indexed Rate Fully Indexed Rate # Monthly Payments Fully Indexed Rate # Monthly Payments Fully Indexed Rate EMP Per $1000¹ Fully Indexed Rate EMP Per $1000¹
5/1 ARM 5-Years 2.375% 2.82% 60 $3.89 2.875% 300 $4.15
5/5 ARM 5-Years 2.625% 3.32% 60 $4.02 3.625% 300 $4.56
7/1 ARM 7-Years 2.500% 2.82% 84 $3.95 2.875% 276 $4.15
10/1 ARM 10-Years 2.625% 2.84% 120 $4.02 2.875% 240 $4.15

¹EMP = Estimated Monthly Payment is for principal and interest per $1,000 borrowed. Payment examples do not include taxes or insurance premiums, payment obligation will be higher.

²ARM loans are variable rate loans, interest rates and payments may increase after consummation. Rates and payments will remain the same for the first 5, 7, or 10 years and then can adjust to a new rate and payment every 12 months or 5 years based on a current index, depending on the ARM program you choose. For example, if you select the 5/1 ARM program your rate and principal & interest payment will be fixed for the first 5 years (the 5 in 5/1), after that the interest rate and payment could change every year for the remainder of the mortgage's term (the 1 in 5/1).

³APR = Annual Percentage Rates are subject to change at any time. Rates are determined by creditworthiness, loan-to value (LTV), occupancy status, property type and loan purpose, so your rate could be higher. All loans are subject to approval, other restrictions may apply.

Rates are effective {currentdate}.

Refinance Jumbo Adjustable Rate Mortgage (ARM) Rates

The advertised rates are based on a 30-year term, for loans over $548,250 and reflect the lowest available rate.

ARM Program² ARM Program² Initial Interest Rate Period Initial Interest Rate Period Initial Interest Rate Initial Interest Rate APR³ APR³ Initial Rate Period # Monthly Payments Initial Rate Period # Monthly Payments Initial Rate Period EMP Per $1000¹ Initial Rate Period EMP Per $1000¹ Fully Indexed Rate Fully Indexed Rate Fully Indexed Rate # Monthly Payments Fully Indexed Rate # Monthly Payments Fully Indexed Rate EMP Per $1000¹ Fully Indexed Rate EMP Per $1000¹
Jumbo 5/1 ARM 5-Years 2.375% 2.86% 60 $3.89 3.000% 300 $4.22
Jumbo 5/5 ARM 5-Years 2.625% 3.36% 60 $4.02 3.625% 300 $4.56
Jumbo 7/1 ARM 7-Years 2.500% 2.85% 84 $3.95 3.000% 276 $4.22
Jumbo 10/1 ARM 10-Years 2.625% 2.85% 120 $4.02 3.000% 240 $4.22
ARM Program² ARM Program² Initial Interest Rate Period Initial Interest Rate Period Initial Interest Rate Initial Interest Rate APR³ APR³ Initial Rate Period # Monthly Payments Initial Rate Period # Monthly Payments Initial Rate Period EMP Per $1000¹ Initial Rate Period EMP Per $1000¹ Fully Indexed Rate Fully Indexed Rate Fully Indexed Rate # Monthly Payments Fully Indexed Rate # Monthly Payments Fully Indexed Rate EMP Per $1000¹ Fully Indexed Rate EMP Per $1000¹
Jumbo 5/1 ARM 5-Years 2.375% 2.86% 60 $3.89 3.000% 300 $4.22
Jumbo 5/5 ARM 5-Years 2.625% 3.36% 60 $4.02 3.625% 300 $4.56
Jumbo 7/1 ARM 7-Years 2.500% 2.85% 84 $3.95 3.000% 276 $4.22
Jumbo 10/1 ARM 10-Years 2.625% 2.85% 120 $4.02 3.000% 240 $4.22

¹EMP = Estimated Monthly Payment is for principal and interest per $1,000 borrowed. Payment examples do not include taxes or insurance premiums, payment obligation will be higher.

²ARM loans are variable rate loans, interest rates and payments may increase after consummation. Rates and payments will remain the same for the first 5, 7, or 10 years and then can adjust to a new rate and payment every 12 months or 5 years based on a current index, depending on the ARM program you choose. For example, if you select the 5/1 ARM program your rate and principal & interest payment will be fixed for the first 5 years (the 5 in 5/1), after that the interest rate and payment could change every year for the remainder of the mortgage's term (the 1 in 5/1).

³APR = Annual Percentage Rates are subject to change at any time. Rates are determined by creditworthiness, loan-to value (LTV), occupancy status, property type and loan purpose, so your rate could be higher. All loans are subject to approval, other restrictions may apply.

Rates are effective {currentdate}

Generate Quote

View rates and estimated costs.

Get a personalized quote just for you.
Get a personalized quote just for you.

Plan for Your Mortgage Loan

Choose from our easy to use calculators to plan for your home.

What Our Members Are Saying

Quick and Easy

RATINGS 5 5 / 5 stars

I financed my home with a 5/1 ARM. It took just 44 days from my initial online application to closing the loan. The process was easy, and we got a great rate.

Lilly1 – Westborough, MA

READ MORE REVIEWS

Great Product

RATINGS 5 5 / 5 stars

The 5/1 Fixed/Adjustable mortgage allows us to keep monthly expenses down now while we are on a fixed income. DCU was very fast to get us to closing and kept us very informed all along the way.

isabella – Bedford, MA

READ MORE REVIEWS

Great value

RATINGS 5 5 / 5 stars

I recently refinanced with DCU. Great rate. The process was smooth and all of it was done remotely.

Ohioan – Lewis Center, OH

READ MORE REVIEWS

People Also Shopped For

Find out what other members have shopped for after viewing this product.
$0.00
Stop paying big bank fees. You could save with DCU.
1.49% APR
Lower your rate, payment, or both when you refinance.
8.50% APR
Great rates with no annual fees, cash advance fees, or balance transfer fees.
5.99% APR
Pay off credit cards or invest in home improvements with our traditional personal loan.
0.20% APY
Earn dividends that often rival uninsured money market mutual funds. (Minimum to earn shown rate: $1,000)

We're Here to Help

Email

Get assistance by Email.

Visit

Find a Branch or ATM.

Online Live Help

Chat with a Representative

Online Live Help Hours

Chat is currently unavailable.