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What does it mean to refinance a house?

There are many reasons why refinancing a house might be beneficial.

Allegiance Credit Union offers home purchase, but also home refinance. You can refinance an existing home loan to get a different rate, payment and/or term. You can also refinance to take equity from your home. This is called a cash-out refinance. This can be done for home improvements, debt consolidation or many other options available! Explore our home loan options.