If you’re tired of refinancing your mortgage to keep up with lower rates the HarmonyLoan is right for you. The HarmonyLoan™ is a unique mortgage loan offered by Democracy FCU through our mortgage partner Credit Union Mortgage Association.
With a HarmonyLoan™ when interest rates fall, you manage your own rate-reset online. A simple "click" locks in your new interest rate. You may be eligible to request a reset of your rate or the fixed rate period of your loan every 120 days.
The HarmonyLoan™ program resets your interest rate with No Points and No Closing Costs. It’s fast, easy and affordable.
When you refinance a traditional mortgage loan, the rate is based on your current financial situation. Changes in your situation—such as a job loss, salary reduction or significant purchase—can impact your ability to qualify for a refinance. With the HarmonyLoan™ as long as you pay on time, you can lower your rate instantly.
To find out more details about the HarmonyLoan™, call 703.647.7066.