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Mortgage Refinance
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Last Updated: 04/18/2025

Henrico Federal Credit Union Home Refinance Loan

in Mortgage Refinance from Henrico Federal Credit Union

Last Updated: 04/18/2025

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Credit Score Range

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Loan Term (Years)

Up to 30

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Henrico Federal Credit Union Home Refinance Loan Review

Henrico Federal Credit Union Home Refinance Loan is offered by Henrico Federal Credit Union , a credit union founded in 1967 and based in Richmond, VA. Henrico Federal Credit Union Home Refinance Loan are available in 1 state.

Key Takeaways

  • Specializes in single-family homes. Only offers mortgages for single-family homes, but not for multi-family properties or manufactured homes.
  • Standard interest rates types. Henrico Federal Credit Union Home Refinance Loan only offers fixed-rate mortgages.
  • Primary and secondary homes considered. Henrico Federal Credit Union Home Refinance Loan offers refinancing for both primary residences and vacation homes. Investment properties are not eligible.
  • Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.
  • Maximum LTV. Henrico Federal Credit Union Home Refinance Loan has a maximum loan to value ratio of 80%.

Henrico Federal Credit Union Home Refinance Loan Pros & Cons

Henrico Federal Credit Union Home Refinance Loan FAQ

What is the maximum loan term for a mortgage refinance via Henrico Federal Credit Union Home Refinance Loan?

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. Henrico Federal Credit Union Home Refinance Loan offers mortgage refinancing with terms of up to 30 years.

How long does Henrico Federal Credit Union Home Refinance Loan take to refinance?

Henrico Federal Credit Union Home Refinance Loan 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 Henrico Federal Credit Union Home Refinance Loan charge a mortgage origination fee?

Yes, Henrico Federal Credit Union Home Refinance Loan will charge a loan origination fee .

What property usage types does Henrico Federal Credit Union Home Refinance Loan allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Henrico Federal Credit Union Home Refinance Loan allows the following property usage types:
  • Primary home
  • Secondary homes and vacation properties

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Contact

Headquarters

9401 W Broad St
Henrico
Richmond, VA 23294
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Hours of Operation

Sunday
Closed
Monday
9:00AM - 6:00PM
Tuesday
9:00AM - 6:00PM
Wednesday
9:00AM - 6:00PM
Thursday
9:00AM - 6:00PM
Friday
9:00AM - 6:00PM
Saturday
9:00AM - 12:00PM

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