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 Call for today's rates: 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
Would you benefit from a refinance?
- Lower your rate or monthly payments
- Consolidate debt
- Remodel your home
- Pay for other large expenses
- Save on interest over the life of your loan
- Pay off your home faster
- Convert your adjustable-rate mortgage to a fixed-rate loan
Our members say it best:
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.
- Sign from anywhere using your phone, tablet or computer
- Review your documents ahead of time before signing
- Remote Online Notary (RON) certifies the process (no need to leave home!)
- Close with your Solarity team and closing partners - all in one place: online
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:
Apply online in just a few minutes.
We guide you every step of the way.
Great rates and flexible terms.
Get your personalized quote
Your expert Home Loan Guide will get to know you and what's most important to ensure you get the home loan that's right for you!
Once you fill out the contact form, we'll get in touch with you right away. Don’t worry, there's no obligation for talking with us.
If you'd rather talk to someone now, give us a call:
Or start your application online!
Your application checklist
Here's what you'll need to start the application process (full PDF checklist):
- Current address
- Driver's license and Social Security number
- Two months of bank statements
- Income history for the past two years
- W-2s for the last two years and proof of income for the past 30 days
- 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:
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
Ready to talk to someone right now? Our Home Loan Guides are ready to talk to you, too! Call 1.888.626.1799.Start my call
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’s the difference between a credit union and a bank?
Deciding which financial institution to bank with is worth putting some thought into. Credit unions and banks are often compared because they are both potential options f...
How to decide if a mortgage refinance is worth it
Refinancing a mortgage can have a lot of benefits, especially if you can get a lower interest rate or better terms, which refinancing often leads to.
Is it cheaper to refinance or get a home equity line of credit?
Looking for a way to have access to additional funding? If you own your home and have built up equity, a cash-out refinance or HELOC may be the right choice.