Home Refinancing
If you’re looking to refinance your current mortgage, we’ve got the loan to help.
By refinancing your mortgage at a lower interest rate, you could lower your monthly payments or pay off your loan sooner. With OnPoint, you get more flexibility in your budget and more control of your mortgage payments.
Lower Your Payment
Reduce the Loan Term
Consolidate Debt
Make Home Improvements
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Thinking about refinancing?
Rates
Terms | Rate | APR* | Points | 1-Month Payment* |
|---|---|---|---|---|
Rates Effective: 02-21-2020 Learn more about Mortgage and Mortgage Refinance LoansThe Annual Percentage Rates (APRs) for the 30 Year Fixed, 15 Year Fixed, and 5 Year Adjustable Rate loans are calculated based on a purchase of single family, owner occupied residence with a down payment of 25%, a loan amount of $180,000.00, and a property located in Multnomah County, Oregon. The Annual Percentage Rates (APRs) for the Homeroom and Just for Starters Fixed Rate Loans are calculated based on a purchase of a single family, owner occupied residence with a purchase price and loan amount of $240,000.00 and located in Multnomah County, Oregon. The Annual Percentage Rates (APRs) for the 30 Year Jumbo Fixed Rate and 5/5 Jumbo ARM are calculated based on a purchase of a single family, owner occupied residence with a down payment of 25%, a loan amount of $500,000, and a property located in Multnomah County, Oregon. The APR includes the approximate cost of prepaid finance charges, including 15 days of prepaid interest, a $745.00 origination fee, and any applicable points associated with the interest rate. Actual APRs for individual loans may differ. All loan applications are subject to credit and property approval. The payments shown include only principal and interest. Certain loan products may require an escrow account for property taxes and insurance which will be added to the monthly payment amount. These mortgage rates are based upon a variety of assumptions and conditions, some of which may include a credit score of 740 or higher. Your loan’s interest rate will depend on specific characteristics of your transaction and your credit profile up to the time of closing. Adjustable Rate Mortgage (ARM) interest rates and payments are subject to change during the loan term. That change can increase or decrease your monthly payment. If your down payment or equity is less than 20% mortgage insurance may be required, which will increase the monthly payment and APR. Assumes no other loans or liens on subject property. Property and/or flood hazard insurance may be required. Maximum loan limits may apply. Additional rates and programs are available. Interest rates and APRs are subject to change without notice. | ||||
Terms 30 Year Fixed Rate | Rate 3.375% | APR* 3.413% | Points -0.375% | 1-Month Payment* $795.77 |
Terms 30 Year Jumbo Fixed Rate | Rate 3.375% | APR* 3.415% | Points 0.000% | 1-Month Payment* $1,989.43 |
Terms 15 Year Fixed Rate | Rate 2.875% | APR* 2.995% | Points 0.000% | 1-Month Payment* $1,232.25 |
Terms Homeroom | Rate 4.625% | APR* 4.691% | Points 0.000% | 1-Month Payment* $1,233.93 |
Terms Just for Starters | Rate 4.625% | APR* 4.691% | Points 0.000% | 1-Month Payment* $1,233.93 |
Terms 5/5 ARM | Rate 3.750% | APR* 4.243% | Points 0.250% | 1-Month Payment* $833.61 |
Terms 5/5 Jumbo ARM | Rate 3.750% | APR* 4.192% | Points 0.000% | 1-Month Payment* $2,084.02 |
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Disclosures
All OnPoint loans are subject to credit terms and approval.