Simple Home Refi from Atlantic Union Bank

Refinance today with a Home Equity Loan and save on interest for loans up to $150,000.
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Take advantage of low rates and flexible terms.

 

No closing costs
(beyond escrows if required)
No origination fees
Close at a local branch
If you’ve thought about refinancing your first mortgage – and your balance is $150,000 or less – we have a great new way for you to save. And, we’ve simplified it.

Interest rates have tumbled in the last year. Depending on your current mortgage rate and monthly payment, you could end up with meaningful savings when you refinance with our Simple Home Refi.

By offering a competitive rate without closing costs (beyond escrows if required), origination, application and processing fees associated with a traditional refinance, there’s even more savings potential with our Simple Home Refi.

Refinancing with our new Simple Home Refi could lower your interest rate, shorten your term, and may help build equity faster.

 
Simple Home Refi
at-a-glance

 
  • No closing costs
    (beyond escrows if required)
  • No origination fees
  • Close at your local branch
  • Fixed APR as low as 3.25%*—
    15 year term
  • Other loan terms with low fixed rates are also available 
Get Started!
 
Disclosures:
*The interest rate is current as of 7/13/2021 and is based on creditworthiness. Not all applicants will qualify for this APR. See below for additional important terms.
 
The 3.25% Annual Percentage Rate (APR) assumes a bank obtained credit score of 720 or greater, a loan amount between $50,000 - $150,000, a 15-year (180 months) repayment term, a maximum of 80% loan to value, and includes a 0.25% APR discount for automatic deduction of monthly payments from an Atlantic Union Bank checking account. For example, the monthly principal and interest payment on a $100,000 loan for 15 years (180 months) at a simple fixed interest rate of 3.25% is $702.67, which does not include amounts for taxes and insurance; the actual payment obligation will be greater. Some loans may require an escrow account for the payment of taxes and insurance.
 
Other rates and terms are available. Actual terms received will vary based upon repayment term, creditworthiness, the amount borrowed, and other factors. The APR is a fixed rate and currently ranges from 3.00% to 8.78%, based on the factors previously mentioned. Interest rates offered may change based on market conditions. All offers are subject to credit approval. Offer may not be available for existing Atlantic Union Bank Equity Line or Loan customers. Bank will pay closing costs for non-purchase Home Equity Loans which includes the first property valuation obtained by Atlantic Union Bank, and other fees which generally range from $150 to $2,000. This excludes any subsequent valuations not required or requested by us. Depending upon the loan terms, the establishment of an escrow account may be required at the borrower’s expense.
 
Bank must be in a valid first lien position on the collateral. Property insurance and flood insurance, where applicable, will be required. This offer is limited to primary single-family residential real estate property located in Virginia, Maryland and North Carolina. Please consult with a tax advisor regarding interest deductibility. Certain conditions and restrictions may apply.