Mortgage Eliminator Loan

zero in on the goal. finish strong.

If you’re well on your way to paying off your home loan, the Mortgage Eliminator Loan may prove a useful strategy to getting rid of that bill sooner. Lower rates are available on terms from 7 – 12 years, so you can eliminate your balance as fast as possible.

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Find out if you're eligible to refinance via the Mortgage Eliminator Loan.
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Lower Rate, Less Fees

Do you have a moderate-to-small loan balance? Pay it off faster with a lower rate and little or no closing costs

Term Options*

Mortgage refinance options are available for terms from 7 – 12 years to meet your individual needs

Primary or Vacation

You can use the Eliminator for your primary residence, as well as for your vacation home

*All Allegacy real estate secured loans are subject to requirements in the member’s state of primary residence. Mortgage Eliminator Loans for primary or secondary residences with terms of 7, 8, 9, 10 or 12 years. Mortgage Eliminator Loans are available in California, Connecticut, Delaware, District of Columbia, Florida, Georgia, Illinois, Indiana, Maryland, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Virginia, Texas and West Virginia. For example, a $125,000 loan financed for 120 months at 3.84% APR would result in an approximate monthly payment of $1256.14. Taxes and insurance not included, your actual payment obligation will be higher.
Calculators to help you pay off your home loan faster

What others are saying

Allegacy team in foyer
Manny M.
North Carolina member

By far better than any bank I’ve ever been with. Don’t have to worry about all those fees and requirements. Hassle free banking.

Allegacy team in foyer
Gus K.

I have been an Allegacy member for a few years now. Overall, this has been a great experience. Their staff is very customer service oriented. There was a potential issue just before closing on our house, and one of the branch managers helped us work through the issue, personally seeing it through.

Allegacy team at community event
Patty S.
North Carolina member

It’s the finest CU I’ve used in my many years, very knowledgeable cashiers, managers and loan professionals.

Allegacy team in atrium
Kathy W.
North Carolina member

I have been a member with the Allegacy back when it was Reynolds Credit Union. Excellent service in the CU. Excellent service on the phone. Excellent app for my phone. Web site very user friendly. I highly recommend Allegacy FCU.

Allegacy team at community event
Tanzola M.

Great tellers with excellent customer service skills. Been using for over 10 plus years. Keep it up ladies and gents you rock.

Allegacy team at community event
Max S.

Very nice bank, staff is always ready to help with whatever you need.

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  • APR = Annual Percentage Rate

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