Looking to refinance?

Life evolves and so can your home loan. Whether you're looking to shorten your term, lower your monthly payment, consolidate debt or cash out equity, we make refinancing your home loan fast, easy and straightforward. With flexible terms and competitive rates, we can help you figure out if a refinance is a good option for you.1 Let Solarity Home Loans help you refinance a home you love by contacting us today at: 888.626.1799.

A refinance with Solarity: "Super simple!"

Longtime Solarity member, Kim W., was tired of having her mortgage sold and never knowing where to send her payment, so she refinanced with the credit union she knows and trusts.2

Home Loan Refinance

Would you benefit from a refinance?

  1. Lower your rate or monthly payments
  2. Consolidate debt
  3. Remodel your home
  4. Pay for other large expenses
  5. Save on interest over the life of your loan
  6. Pay off your home faster
  7. Convert your adjustable-rate mortgage to a fixed-rate loan

Connect with a Home Loan Guide

Whether you're buying your first home, upsizing to accommodate a growing family or refinancing to save money, our Home Loan Guides are here to make the entire process fast, easy and affordable. Fill out our contact form by providing just a few details about what you're looking for, and we'll get in touch with you right away to discuss your options. There's absolutely no obligation—just friendly, expert advice.

Prefer to talk with someone right now? Give us a call at 1.888.626.1799 and jumpstart your journey to homeownership.

Please do not submit any personal or sensitive information.

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The Solarity eSigning Experience

When you choose Solarity's eSigning Experience, you complete the entire closing online from the comfort of your home or office, using any device, even your phone.3 You can skip the drive across town and focus instead on this exciting occasion....closing on your home loan!

So be sure to tell your real estate professional or title company you'd like to utilize Solarity's eSigning Experience for your closing.

  1. Sign from anywhere using your phone, tablet or computer
  2. Review your documents ahead of time before signing
  3. Remote Online Notary (RON) certifies the process (no need to leave home!)
  4. Close with your Solarity team and closing partners - all in one place: online
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Create memories, not paperwork

With a Solarity home loan, enjoy amazing service and a speedy close so you can get back to the things that matter most. Solarity home loans are:

Quick pre-approval home loan decisions Quick pre-approval home loan decisions
Fast

Apply online in just a few minutes.

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Easy

We guide you every step of the way.

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Affordable

Great rates and flexible terms.

Let Solarity Help With A Pre-qualified Today

Your application checklist

Here's what you'll need to start the application process (full PDF checklist):

  1. Current address
  2. Driver's license and Social Security number
  3. Two months of bank statements
  4. Income history for the past two years
  5. W-2s for the last two years and proof of income for the past 30 days
  6. List of current debts

Apply, ask questions or simply explore what could be

A refinance could save you hundreds every month on your payment and thousands over the life of your loan. Get in touch with us to get started:

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Online

It takes less than 10 minutes to apply online. Submit your application and we'll follow up with you to discuss your situation.

Get started
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Call

Ready to talk to someone right now? Our Home Loan Guides are ready to talk to you, too! Call 1.888.626.1799.

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Common questions about home loans

Closing costs are the fees and expenses you pay for a home loan and are typically between 2% and 6% of the loan amount. Closing costs consist of lender fees—such as the loan origination fee and discount points—as well as third-party fees, escrow account funds and prepaids like taxes and insurance.  

At Solarity, we offer transparent loan pricing: our loan origination is a flat fee of $1,495 instead of the more common 1% of loan amount. The advantage of a flat fee is that no matter how large your loan is, your loan origination fee remains the same, which can save you money at closing. For example, other lenders typically charge a 1% loan origination fee. On a $300,000 home loan, that would be $3,000. With Solarity’s flat $1,495 loan origination fee, you would save in closing costs.

Lenders are required by law to clearly disclose closing costs at the bottom of Page 1 of the standardized Loan Estimate form, which you can explore here. Lenders must deliver this form within three days of receiving your application. Whether you’re buying or refinancing, it doesn’t cost anything to apply for a home loan at Solarity, and you can apply online in just a few minutes. Once we receive your application, we can estimate how much you’ll need to bring to closing.

Still have questions about closing costs? Connect with our expert Home Loan Guides who can clarify any further questions you may have.

Definitely not (unless you want to)! You can do the ENTIRE process online, applying for a Solarity home loan from your home computer or mobile device. In addition, you can call our expert Home Loan Guides. If you walk into a branch, we can connect you with our Home Loan Guides that way, too!

We will work around your schedule and will communicate with you in the manner that's most convenient for you. We go to great lengths to make the entire process for you as easy as we can. You can even close the loan from your mobile phone (message and data rates may apply). We can't wait to help you get started! 

Points and credits are tools you can use to adjust your home loan rate up or down to suit your needs. “Taking credits” means accepting a higher interest rate on your loan in exchange for lower costs at closing. The opposite of taking credits is “paying points,” which involves paying more at the time of closing in exchange for a lower interest rate (and lower monthly payment).

When do these strategies make sense? Every buyer’s situation is unique, but one common scenario is that people who expect to refinance or sell their house within ten years often find it beneficial to take credits, while those who expect to stick with their home loan for the long haul can save money over time by paying points up front in exchange for a lower monthly payment.

At Solarity, our expert Home Loan Guides have your best interests at heart, and will help you explore your options and figure out what approach works best for you.

If you choose a fixed rate mortgage, the rate you lock in during the loan process will be the rate you have for the life of your loan. A 30-year fixed rate mortgage is one of the most common, traditional types of loans, and can be a particularly attractive option when rates are low.

If you choose an adjustable rate mortgage (or “ARM”) your rate will likely vary over the life of the loan. Many ARMs have what is known as an introductory period in which your rate stays the same for a specified amount of time, followed by periodic rate adjustments for the remainder of the loan. In a "5/1 ARM," for instance, your introductory rate will stay the same for the first five years, and your rate may then adjust up or down each year thereafter. The introductory rates on ARMs are often lower than their fixed rate loan equivalents.

Most lenders offer a wide variety of fixed- and adjustable-rate home loan options (Solarity does!). Solarity's expert Home Loan Guides will help walk you through the loan options to help you find the one that’s best for you and your particular situation.

 

Helpful articles and information

 

What is a 7/1 ARM?

A 7/1 ARM is an Adjustable-Rate Mortgage (ARM) that has a fixed rate for the first seven years of the loan and then adjusts each year thereafter.

Solarity surpasses blood drive goal, filling critical need in the Yakima Valley

Solarity Credit Union teamed up with the Red Cross Yakima Blood Donation Center to host a blood drive to collect desperately-needed units of blood.

Selah food drive: generosity of Solarity members and employees aids local food bank

Thank you to our members and employees who supported Solarity's March food drive benefitting the Selah Naches Food Bank!

Member Testimonial

Nov 29, 2021, 20:05 PM
Title : Member Testimonial
Member was compensated for their time to record the video testimonial.
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