A Mortgage That Rewards You…Again
Refinance with us within three years and we’ll cover $1,500 of your refinance closing costs.
When you choose 1st University Credit Union for your mortgage, you’re not just getting a loan. You’re choosing a lender that sticks with you.
That’s why we offer a built-in refinance benefit for our mortgage borrowers. If you refinance your original 1st University Credit Union mortgage that originated on or after January 1, 2025, and complete the refinance with us within three years, we’ll apply a $1,500 lender credit toward your refinance closing costs.
How the Refinance Benefit Works
Get your mortgage with 1st University Credit Union
Mortgages must originate with 1st University Credit Union on or after January 1, 2025 to qualify for this refinance benefit.Watch the market and your finances
If interest rates change or refinancing makes sense for your situation, we’re here to help you evaluate your options.Refinance with us within three years
At closing, we’ll apply a $1,500 lender credit toward your refinance closing costs.
Same lender. Same team. One less expense to worry about.
What the $1,500 Credit Can Be Used For
The $1,500 is applied as a lender credit at closing and may be used toward general refinance closing costs.
This credit is applied directly at closing. There’s no reimbursement process and no extra paperwork for you to complete.
Who This Is For
This refinance benefit is designed for members who:
Have a mortgage that originally originated with 1st University Credit Union on or after January 1, 2025
Want flexibility if refinancing becomes beneficial
Prefer working with a local lender they already know and trust
If refinancing isn’t right for you today, that’s okay. This benefit is available if and when you need it within the three-year window.
Ready to Get Started?
Choose the option that fits where you are right now.
If you’re exploring options or buying soon 👉 Get pre-qualified
If you have questions or want to talk it through 👉 Contact our mortgage team
If you already have an eligible¹ 1st UCU mortgage and want to refinance 👉 Start your refinance application
Questions are always welcome — no obligation.
Frequently Asked Questions
Do I have to refinance within exactly three years?
Yes. The refinance must be completed within three years of the original mortgage closing date for mortgages that originated on or after January 1, 2025.
Can I use this benefit more than once?
No. This is a one-time refinance benefit per original mortgage.
Does this apply to all mortgage types?
Yes. The refinance benefit applies to all mortgage loan types, as long as the original loan originated with 1st University Credit Union on or after January 1, 2025 and the refinance is completed with us.
Is refinancing guaranteed?
No. All loans are subject to approval. Refinancing depends on credit qualifications, property value, and other underwriting factors.
Important Disclosures
1: Refinance must be completed within three years of the original mortgage closing date for mortgages that originated with 1st University Credit Union on or after January 1, 2025. The $1,500 lender credit applies toward general refinance closing costs and is applied at closing. Benefit is available for one refinance per original mortgage. Loan approval, terms, and conditions apply.
This program is subject to change or termination at any time, at the discretion of 1st University Credit Union, without notice.
Texas Mortgage Complaint Notice
TEXAS RESIDENTS: CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR RESIDENTIAL MORTGAGE LOAN ORIGINATOR LICENSED IN TEXAS SHOULD SEND A COMPLETED COMPLAINT FORM TO THE DEPARTMENT OF SAVINGS AND MORTGAGE LENDING (SML): 2601 N. LAMAR BLVD., SUITE 201, AUSTIN, TEXAS 78705; TEL: 1-877-276-5550. INFORMATION AND FORMS ARE AVAILABLE ON SML'S WEBSITE: SML.TEXAS.GOV.