Benefits of a HomeFree Home Loan From JHFCU
✔
JHFCU Pays Closing Costs
We’ll pay your closing costs* (except for interim interest charges) as long as your loan remains open for at least three years.
✔
Lower Your Rate
Find out if you qualify for a lower APR** than your current mortgage.
✔
Shorten Your Term
Choose a term from 6 to 15 years, then you can own your home free and clear!
✔
Local Servicing
No need to send payments out of state – we'll service your loan here.
HomeFree Home Loans: What You Need to Know
A HomeFree Home Loan is designed for people who have significant home equity, can afford a loan term of 15 years or less, and want the benefits of a refinance – without the cost.
- See if you can lower your rate or change your term to meet your goals.
- The loan is for refinances only – not for purchases.
- Unlike a traditional refinance, you don't need to pay closing costs.*
- Terms are available from 6 to 15 years.
- You need at least 20% equity in your home or a loan-to-value ratio of 80% or less.
- Finance amounts between $20,000 and $500,000.
- Local loan servicing means you'll always know who you're dealing with.
HomeFree Home Loans are available for primary residences in Maryland, Virginia, Washington DC, Delaware, and Pennsylvania.
Get Started
★★★★★
"Such a humanizing experience. They recognize you as a person and not just a number on a spreadsheet. Best feeling ever!"
– Joanna J., Baltimore, MD
Enjoy These Features With Your HomeFree Home Loan
Competitive APR
Get great home loan rates so more of your payment goes towards the principal.
Quick Application
Choose Mobile Banking, Online Banking or call our team.
Handy Calculators
Use our mortgage calculator to find out what you could save.
Lending Specialists
Our highly qualified mortgage loan originators can guide you through the entire process.
Simple Fund Transfer
Easily pay your mortgage by transferring funds from your JHFCU Checking or Savings.
Have questions? Email our award-winning mortgage department at [email protected]
More Ways We Can Help With Home Loan Financing
Home Equity Loans and Lines of Credit
Pay for renovations, weddings, college, debt consolidation, and more simply by leveraging the equity in your home.