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Mortgage Refinance
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Last Updated: 04/18/2025

Embold FCU Mortgage Refinance

in Mortgage Refinance from Embold Federal Credit Union

Last Updated: 04/18/2025

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Credit Score Range

N/A


Amount Range

Up to $726,200

Loan Term (Years)

15 - 30

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Embold FCU Mortgage Refinance Review

Embold FCU Mortgage Refinance is offered by Embold Federal Credit Union , a credit union founded in 1957 and based in Oak Grove, OR. Embold FCU Mortgage Refinance are available in 50 states and Washington, DC.

Key Takeaways

  • Financing for a variety of property types. Offers refinancing for manufactured, single, and multi-family homes.
  • Considers personal use and investment properties. Refinancing available for primary residences, secondary homes (e.g. vacation properties), and even investment homes such as rentals.
  • Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.
  • High maximum LTV ratio. Embold FCU Mortgage Refinance has a maximum loan to value ratio of 95%, which is higher than average. Most lenders want you to have at least 20% equity.

Embold FCU Mortgage Refinance Pros & Cons

Embold FCU Mortgage Refinance FAQ

What is the maximum loan term for a mortgage refinance via Embold FCU Mortgage Refinance?

The term of a mortgage refinance will impact the cost of your monthly payments. Longer terms will typically reduce your monthly payments but it will also increase the interest you pay. Embold FCU Mortgage Refinance offers mortgage refinancing with terms ranging from 15 to 30 years.

How long does Embold FCU Mortgage Refinance take to refinance?

Embold FCU Mortgage Refinance does not provide details on the average time to close a refinance. However, it typically takes 30 to 45 days to complete a refinance. Of course, a lot depends on the market, the lender, and how long appraisals and inspections take.

Does Embold FCU Mortgage Refinance charge a mortgage origination fee?

Yes, Embold FCU Mortgage Refinance will charge a loan origination fee .

What property usage types does Embold FCU Mortgage Refinance allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Embold FCU Mortgage Refinance allows the following property usage types:
  • Primary home
  • Secondary homes and vacation properties

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

15099 SE McLoughlin Blvd
Oak Grove, OR 97267
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Hours of Operation

Sunday
Closed
Monday
9:00AM - 5:30PM
Tuesday
9:00AM - 5:30PM
Wednesday
9:00AM - 5:30PM
Thursday
9:00AM - 5:30PM
Friday
9:00AM - 5:30PM
Saturday
9:00AM - 1:00PM

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