Get a mortgage you'll love this spring.
Save up to $2,500 on closing costs, plus quick closing* and rate locks up to 60 days.*
Also, earn 20% of your agent’s commission* with HomeAdvantage®
Refinance To Reduce Your Mortgage Payments2
Depending on your current loan and homeowner goals, refinancing your mortgage may be an excellent money management opportunity. Let our mortgage team, with over 430 years of combined expertise, see if we can help you:
Lower your interest rate and reduce your monthly payments 1
Pay off your mortgage faster
Save hundreds, if not, thousands, in interest over the life of your loans
Take cash out of your home for home improvements or other household needs
Convert an adjustable rate to a more predictable fixed-rate mortgage
Speak to a specialist
1-855-203-4747
Today's Rates
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Mortgage Refinance Check-up
Get a no-obligation checkup for your mortgage from NIHFCU’s home loan experts. It’s quick and easy, and it may help you on your way to saving big money on your monthly payment.
Fixed-Rate Mortgages
A great option for those planning to stay in their home for a long period, and those who desire predictability and budget stability.
Maintain the same great rate and monthly payment over the life of the loan 1
Choose from terms of 10, 15, 20, or 30-years
Loan amounts up to $3,000,000
Featured Fixed-Rate Mortgages
HomeReady mortgage: a 30-year loan with as little as 3% down. Gifts and cash on hand can be used for a down payment and closing costs.
Jumbo Loan: 20-30 year loan for owner-occupied residences
Speak to a Specialist
1-855-203-4747
Adjustable-Rate Mortgages (ARMs)
A great option for those who plan on moving before the initial fixed-rate period re-sets or comfortable with future payment adjustments
A lower initial rate and payment compared to a fixed-rate mortgage 1
Starts with an initial 3,5,7,10, or 15 year fixed-rate term before rate adjusts
A range of creative adjustable options of 1,5,15 years available to meet your goals after the fixed period
Loan amounts up to $1,500,000
No Private Mortgage Insurance (PMI) required where the loan-to-value (LTV) is over 80%, on select ARMs
Speak to a Specialist
1-855-203-4747
Home Loan Refinance Articles
A series of 2-3 minute quick-reads on home refinance topics popular among NIHFCU borrowers.
Frequently Asked Questions
Get answers to many of your home loan questions all in one place. Select from questions about “Your Property”, “Loans, Rates & Fees”, “Your Application”, “Closing & Beyond”, or access our Glossary of home loan terms.
Rates, fees and terms as of April 21, 2025 and subject to change without notice
Financial wellness begins and ends with the facts. Here’s what you need to know!
Most approved applications are ready to close within 30 days if the borrower and third parties provide the required information to NIHFCU promptly.
1 Click on advertised rates within “Today’s Rates” for complete details
2 Currently financing 1st mortgages in Delaware, Maryland, North Carolina, Pennsylvania, Virginia, Washington, DC, West Virginia.
*Most approved applications are ready to close within 30 days if the borrower and third parties provide the required information to NIHFCU promptly. Cash Rewards are awarded through the HomeAdvantage program to buyers and sellers who select and use a real estate agent in the HomeAdvantage network. Home buyers or sellers are not eligible for Cash Rewards if they use an agent outside this network. Cash Rewards amounts are dependent on the commissions paid to the HomeAdvantage network agent. Obtaining a mortgage or use of any specific lending institution is not a requirement to earn Cash Rewards. If you are obtaining a mortgage, your lender may have specific rules on how Cash Rewards can be paid out. Cash Rewards are available in most states; however, are void where prohibited by law or by the lender. Example of Cash Reward amount shown is 20% of a 3% realtor commission on an average home sale price in the DC area of $400,000. Your agent commission rate may differ. Please consult with your lender for details that may affect you. The HomeAdvantage program offered by third party not affiliated with NIHFCU. Click on advertised rates within “Today’s Rates” for complete details. Offer applies to first-lien mortgage loan purchases and refinances (home equity loans/lines are excluded) in NIHFCU’s service area. Also, excluded are refinances of existing NIHFCU first-lien mortgages. To qualify for the NIHFCU Mortgage closing cost credit, the application must be received by 04/30/2025 and then close and fund by 06/15/2025. If the mortgage does not close and fund by 06/15/2025 there will be no closing cost credit. All closing cost credits will be 0.250% of the total loan amount to a maximum possible amount of up to $2,500. Example: $500,000 loan X 0.250% = $1,250 closing credit. Offer subject to change or cancellation at any time.
APR = Annual Percentage Rate. Subject to change without notice and for new mortgage purchase applications only. Other restrictions may apply. Payment example: A 30-year fixed rate mortgage of $485,000 loan amount and sales price of $500,000, 3% down payment at 6.625% rate and 7.173% APR with 0.125% points and 1.000% origination fee, will have a fixed monthly principal and interest payment of $3,327.80, plus escrow payment for property taxes and homeowners’ insurance. Interest rate may vary, based on the applicant’s credit score, property type, occupancy and other factors. Contact an NIHFCU loan officer for details.
Home Mortgage Disclosure Act Notice: The HMDA data about our residential mortgage lending are available online for review. The data show geographic distribution of loans and applications; ethnicity, race, sex, age, and income of applicants and borrowers; and information about loan approvals and denials. These data are available online at the Consumer Financial Protection Bureau’s Web site. HMDA data for many other financial institutions are also available at this Web site.
