Refinance Your Home: Let Your Home Work For You
Refinancing your home is a smart way to take advantage of your home’s equity. By refinancing, you pay off your existing mortgage and replace it with a new one so you can shorten the term of your mortgage; convert from an adjustable rate to a fixed rate (or vice versa); or reduce your monthly payments so you can keep your money where it belongs—in your pocket.
If you refinance for more than what you owe on your mortgage, or if you own your home free and clear, you can take cash out and use it for any reason—fund a home improvement project, pay tuition, consolidate your bills or make a major purchase.
Our Mortgage Specialists can help you understand the choices available to you. In addition to our great rates and variety of terms, we offer personalized services so you can be sure the decision you make is right for you.
RTN mortgages are available for primary residences as well as second homes located in New England. Rates are locked in for up to 60 days, and our closing costs are competitive and affordable.
Single Family Homes and Condominiums
Fixed Rates
- Loans up to $1,000,000
- View our mortgage rates for financing options and information on our rate lock period.
- No point options
- Additional terms and conditions may apply
Adjustable Rate
- Loans up to $1,000,000
- View our mortgage rates for financing options and information on our rate lock period.
- No point options
- Additional terms and conditions may apply
Two-to-Four Family, Owner-Occupied
Loans up to $1,000,000
- View our mortgage rates for financing options and information on our rate lock period.
- Additional terms and conditions apply
No closing cost options also are available.
Tax Savings
Interest payments on your mortgage loan may be tax deductible (within qualifying IRS regulations). Check with your accountant or tax advisor.
Our Mortgage Specialists are available to answer your questions and concerns. Contact us at 781-736-9859 or mortgage@rtn.org. You may also visit an RTN branch to meet with one of our Mortgage Consultants.
