If I currently have a loan, can I refinance it in order to receive the current interest rate if it is lower?
Delta Community’s tiered rates apply to new loans, refinancing loans that are currently with a different lender or when adding additional money to an existing Delta Community loan with a valid purpose. Existing Delta Community consumer loans cannot be refinanced for the sole purpose of lowering the interest rate.
You may be able to lower your interest rate on your first mortgage or your HELOC by refinancing with Delta Community. To access the mortgage rates and the application online, visit our Home Loans page or call our Mortgage Information Center at 866-963-7811 (Option 1).
