Rapid Refinance Loan
Fixed Rate Loan: 10,15, or 20 Years
The Rapid Refinance Loan is a product designed to simplify and reduce the both the paperwork and time required for refinancing your home with limited to no closing costs.
- Low, fixed rates
- $0 closing costs*
- No escrow required
- Minimum loan amount $40,000
- Maximum loan amount of $510,400
- A maximum loan-to-value (LTV) of 80% is required
- 660 minimum credit score required
- Maximum debt-to-income ratio of 44%
*$300 processing fee for new members.
Existing Texell mortgages, including those serviced through MidWest Mortgage, not eligible for refinance.