HomeFree Home Loan

Retire your mortgage faster with our HomeFree Home Loan. Traditional refinancing can be costly, but our HomeFree Home Loan allows you to save by lower your rate and likely your term too, without paying closing costs — great for members with a significant amount of equity in their home.

Details include:

  • Terms available from 6 to 12 years1
  • Must have at least 25% equity in your home (loan-to value ratio of 75% or less)
  • Finance between $25,000 and $250,0002
  • For primary residence in Maryland and surrounding states.

Closing costs will be added back to loan balance if the loan is paid off within three years
2 APR = Annual Percentage Rate. Rates are based on term of loan and upon refinancing your non-JHFCU loan. With a $100,000 loan at 3.00% APR for 10 years, your payment will be $965.61 per month. Payments do not include amounts for taxes and insurance premiums, if applicable, actual payment obligation will be greater. Property and flood insurance may be required. Other restrictions may apply.