Mortgage Refinance
How much could refinancing save you?
Get more life out of your home with easy refinancing options.
If you’re looking to shorten your mortgage term or lower your monthly payments, we can help! Our competitive rates and expert service make it easy.
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Competitive Rates
We’re known for having some of the lowest rates around. And on your biggest purchase, that means more money in your pocket.
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Capped Origination Fees
Save money at closing with capped origination fees. Applies to loans of $400,000 or more.
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No PMI
Put less money down and still pay no PMI. Because PMI is basically a four-letter word.
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Local, Fast Decisions
Our staff of experts handle everything locally. That means fast approvals and even faster closings.
Jeanne S., Credit Union Member since 1997For most people, borrowing money is a stressful experience. Each time I have borrowed through Telco, the experience is anything but stressful. Additionally, the staff treat each person as an individual with individual needs and concerns. I highly recommend bringing any business you have to Telco because they treat you like family!
See Today’s Rates
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Loan Amount |
Maximum Financing |
Rate* |
APR* |
|---|---|---|---|
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* All rates, fees, and terms are subject to change, not guaranteed and are based on credit qualifications and lending guidelines. |
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Loan Amount Up to $99,999 |
Maximum Financing Up to 97% |
Rate* 5.750% |
APR* 5.977% |
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Loan Amount $100,000 - $199,999 |
Maximum Financing Up to 97% |
Rate* 5.625% |
APR* 5.810% |
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Loan Amount $200,000 to $647,199 |
Maximum Financing Up to 97% |
Rate* 5.500% |
APR* 5.663% |
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Loan Amount $647,199 to $1,000,000 |
Maximum Financing Up to 90% |
Rate* 5.750% |
APR* 5.903% |
|
Loan Amount |
Maximum Financing |
Rate* |
APR* |
|---|---|---|---|
|
* All rates, fees, and terms are subject to change, not guaranteed and are based on credit qualifications and lending guidelines. |
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Loan Amount Up to $99,999 |
Maximum Financing Up to 97% |
Rate* 6.250% |
APR* 6.378% |
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Loan Amount $100,000 - $199,999 |
Maximum Financing Up to 97% |
Rate* 6.125% |
APR* 6.229% |
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Loan Amount $200,000 to $647,199 |
Maximum Financing Up to 97% |
Rate* 6.000% |
APR* 6.092% |
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Loan Amount $647,199 to $1,000,000 |
Maximum Financing Up to 97% |
Rate* 6.250% |
APR* 6.337% |
Mortgage Refinance FAQs
Baton Rouge Telco’s only in-house fees are the $50 application fee and an origination fee of 1% of the total loan amount at closing not to exceed $4,000. The origination fee can be waived with .25% added to your qualifying interest rate.
Mortgage refinances generally take less than 4 weeks to close after approval.
Home Loan Calculators
Want to talk about refinancing options?
Complete this short form and we’ll have one of our real estate lenders contact you by the next business day to discuss options.
