Refinance | BayPort Credit Union

Why refinance?

Refinancing is simply swapping your existing loan for a new one with better terms—think lower interest rates, reduced monthly payments, or a different loan length. It’s a smart way to make your loans work better for you!

Lower Rates & Payments
If interest rates have dropped, refinancing can secure a lower rate, reducing your monthly payments and overall interest costs. This extra cash can help manage expenses or boost savings, especially if your financial situation has changed.

Shorter Terms
Refinancing can allow you to shorten the length of your loan. While this may increase your monthly payments, it can save you a significant amount in interest over the life of the loan, helping you pay off your debt faster.

Equity Access
If you’ve built up equity in your home or car, refinancing can enable you to tap into that equity for cash. This can be useful for funding home improvements, consolidating debt, or covering unexpected expenses.

Auto Refinancing

Rev up your savings!

Choose an offer that fits your financial goals best. We’ve helped thousands of our members refinance their cars.

Reduced interest rate
Lower monthly payments
Financing terms up to 84 months
Up to $500 cash rebate with promo code AUTO500
(1% of refinance amount up to $50,000)*

*Not available for commercial loans or loans financed at BayPort.

Apply now

Mortgage Refinancing

Home Sweet Loan

Turn your equity into opportunity! Our mortgage refinancing options are designed to help you achieve your financial dreams and our dedicated mortgage advisors provide personalized guidance throughout the entire process.