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Mortgage Refinance

For All The Possibilities

Whether you're refinancing to get a better rate, lower your monthly payment, shorten your loan term, or get extra cash, Allegiance Credit Union has the products and support you need.

Apply Now

Start Your Mortgage Refinance Application

Refinance Mortgage Rates

Mortgage Terms
APR* (as low as)
5 Year
5.625%
10 Year
5.750%
15 Year
5.875%
30 Year
Call for rates!
Effective Date August 13, 2025

ARM Loan Refinance Mortgage Rates

Mortgage Type
APR* (as low as)
Max LTV**
3/5 ARM**
30 years
Start Rate
6.000%
80%
3/5 ARM**
30 years
Start Rate
6.375%
95%
5/5 ARM**
30 years
Start Rate
6.375%
80%
5/5 ARM**
30 years
Start Rate
6.500%
95%
Effective Date August 13, 2025

*APR = Annual Percentage Rate.
**ARM = Adjustable-Rate Mortgage

Final rate and term determined during underwriting.

Mortgage & Home Loan Options in OKC

Cut Costs, Not Corners

Mortgage Refinance Benefits

Refinancing your mortgage can be a powerful financial move. Whether you're looking to save, pay off your mortgage faster, or tap into your equity for home improvements, refinancing gives you more control over your money, without cutting corners.

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QUICK APPROVAL

All Refinance applications are reviewed and approved in OKC.

TAILORED FINANCING

Whatever your refinancing goals, our mortgage experts are here to assist you.

SIMPLE APPLICATION

Refinance your mortgage with ease using our online application.

TRUSTED GUIDANCE

Our mortgage team is ready to help you through every step of the process.

Get $250 When You Refinance Your Mortgage

Enjoy an extra $250* when you finance a new mortgage or refinance an existing mortgage from another institution with us! Fill out our quick form to claim your coupon!

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*Loan subject to approval. Minimum loan amount $20,000. Must mention coupon to loan officer. $250 cash bonus will be deposited into member’s account at the time of closing. Does not apply to internal refinances. Promotion starts January 22, 2024 and may expire at any time without notice.

Refinance Smarter. Start With Numbers.

Mortgage Refinance Calculator

Wondering what mortgage payment will fit within your budget? Use our Mortgage Refinance calculator to explore different combinations of loan amount, Mortgage Refinance Rates, and term to find the most cost effective mortgage payment for you.

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Your Home, Your Terms

How To Refinance A Mortgage (4 Steps)

 

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Evaluate
Your Goals

Decide why you want to refinance your mortgage. For a lower rate, a shorter term, to cash out, etc.
Allegiance Pink 2 (100 x 100 px)

Check Your Financials

Review your credit score, home equity, and current loan details to see what you qualify for.
Allegiance Teal 3 (100 x 100 px)

Apply To Refinance

Apply with Allegiance Credit Union to see how much you can borrow, and at what rate.
Allegiance Blue 4 (100 x 100 px)

Close On Your New Mortgage

Sign the final documents and officially replace your old mortgage.
Download Your Free Copy!

Refinance Today and Make Your Money Work Harder Tomorrow

Refinancing is about more than a lower rate. Download our free Budgeting eBook to learn how to manage your monthly cash flow and maximize the savings from your refinance.

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Big Savings. Low Cost.

How Much Does It Cost To Refinance A Mortgage?

Refinancing a mortgage offers several advantages, but it's important to weigh all the factors before deciding if it's the right choice for you.

When you refinance a mortgage, expect closing costs to be between 2% and 6% of the new loan amount. These costs can include appraisal fees, title services, recording fees, and more. In some cases you have the option to roll in your closing costs.

To see if refinancing your home loan is beneficial, calculate when your monthly savings will surpass the initial costs. Questions? We have a team of Mortgage Experts that are happy to help you crunch the numbers.

Apply Now

Your Mortgage Toolkit

We've gathered our most helpful links, forms, and mortgage guidelines below.

Manage Your Home Loan

Take control of your finances and manage your home loan from anywhere with Manage My Home Loan.

  • Access Your Loan Balance
  • View Payment Options
  • And More

Register or log in to the Manage My Home Loan site today!

Get Started

Insurance & Payment Forms

At Allegiance Credit Union, we strive to make the mortgage refinancing process as smooth as possible. Here are a few forms our members find helpful:

Error Resolution

If you feel there is an incorrect charge, misapplied payment, or other error, please notify our mortgage team immediately. All requests must be in writing on a separate piece of paper and submitted to:

Allegiance Credit Union
Attn: Mortgage Servicing
4235 N Meridian Ave
Oklahoma City OK 73112

For Error Resolution include:

  • Your Name
  • Mortgage or Account Number and Error

For Mortgage Service Requests include:

  • Your Name
  • Mortgage or Account Number and Request Details
Contact Us

The SAFE Act

Allegiance Credit Union mortgage loan originators are registered and in compliance with the Secure and Fair Enforcement of Mortgage Licensing Act (SAFE Act). One purpose of the SAFE Act is to increase consumer protection by allowing consumers access to mortgage loan originator information with whom they wish to conduct business. You may access information at the nationwide mortgage-licensing registry.

Learn More

What Does It Mean To Be An Equal Housing Lender?

Allegiance Credit Union is proud to be an Equal Housing Lender. We follow lending laws that prevent discrimination during the home selling, buying, and financing process on the basis of race, color, religion, sex, handicap, familial status, or national origin.

Learn More

  • Manage Your Home Loan

    Take control of your finances and manage your home loan from anywhere with Manage My Home Loan.

    • Access Your Loan Balance
    • View Payment Options
    • And More

    Register or log in to the Manage My Home Loan site today!

    Get Started

Manage Your Home Loan

Take control of your finances and manage your home loan from anywhere with Manage My Home Loan.

  • Access Your Loan Balance
  • View Payment Options
  • And More

Register or log in to the Manage My Home Loan site today!

Get Started
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What Our Members
Are Saying

"This is the best banking I have ever done. Everything is done easily and the customer service is top notch."

Joyce M.

“Everyone I encounter at Allegiance is just wonderful!! Today, Marcella was so helpful and prompt with helping me out. I always feel like they care when I am there. Thank you for always doing a great job!”

Sherri C.

Additional Resources

man and woman discussing

Need to Refinance? Find the Best Mortgage Lenders: 10 Tips and Tricks

If you are thinking about refinancing your mortgage to a lower rate, then you are probably looking...

Read More
home loan contract hand shake

Home Loans: What You Need to Know to Get Approved [10 Item Checklist]

If you want to know how to get approved for a home loan, you've come to the right place. Nearly 48...

Read More
person refinancing

Finding a Better Mortgage Can be Tricky - Tips to Refinance with Ease

If you are thinking about refinancing your mortgage, then you know that this is a great way to save...

Read More

Frequently Asked Refinance Questions

What information do I need to apply for a Mortgage Refinance?

  • Name
  • Income
  • Social security number (so Allegiance can check your credit)
  • Property address
  • The estimated value of the said property
  • The loan amount you want to borrow

What is the minimum credit score allowed for a Mortgage Refinance loan?

There are many factors that are considered when it comes to getting approved.

Generally speaking, it is best to have a FICO score over 620.

Can I make principal only payments?

Yes you can by logging into the Manage My Home Loan site. 

You will need the SSN of the primary borrower and loan number when you register for the first time. 

Call For Info

How do I set up automatic mortgage payments?

Set up automatic payments from any FI with an account and routing number.
Set Up Automatic Payments