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Rapid Refinance

Rapid Refinance Loans

Yes! You can refinance your home with Texell with no closing costs!1 Our Rapid Refinance Loan is a product designed to simplify and reduce both the time and paperwork required for refinancing your home with limited to zero closing costs.Benefits of a Rapid Refinance Mortgage Loan:

  • No closing costs:1 There are no closing costs for existing members and just a low $300 processing fee for new members.
  • Flexible terms: Loan terms are available at 5, 10, and 20 years.
  • Incredible rates: Rates as low as 5.00% APR.2
  • No escrow required.
  • Lower credit score requirement: 660 minimum.
  • Loan-to-value: 80% maximum required.


Today’s Rapid Refinance Mortgage Rates

Rapid Refinance3 Rate APR2 as low as Lender Fee
10-year Fixed 5.000% 5.000% 0.00%
15-year Fixed 4.875% 4.875% 0.00%
20-year Fixed 5.500% 5.500% 0.00%

1 No closing costs for existing members and a $300 processing fee for new members.² APR = Annual Percentage Rate3 Existing mortgages, including those serviced through MidWest Mortgage, are not eligible for refinancing.

Rates are subject to change without notice and may vary depending upon credit history, loan programs, and loan terms. Rates are quoted on a 30-day lock option. For additional rates or program availability, please contact the Mortgage Department at 254.774.5104 or to apply online, visit here. For complete details about payments, rates, and fees, please visit our rates page or contact Texell.







Frequently Asked Questions:


In most cases, yes! Members can refinance their mortgage from another lender with zero closing costs. There is a low $300 processing fee for new members.

In most cases, you can complete your Rapid Refinance loan in 30 days or less. Contact a Home Loan expert for more information.

No, Rapid Refinance loans do not require an appraisal. Texell’s Mortgage Department will value your home based on the County Appraisal District.

No, Texell does not sell any Rapid Refinance Loans. Your loan will remain at Texell for the entire term of the loan.









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