Instant Rate Modification Program

Qualified borrowers who already have a DCECU rebate-eligible mortgage1 or home equity may be eligible for the Instant Rate Modification Program, which allows members to apply to lower their interest rate as frequently as they wish when rates decline – without a full refinance. For a nominal fee, members may be able to lower their rate a minimum of 0.125% to the current rate.

To apply, simply complete the Mortgage Rate Modification Request form. This form may be faxed to the Loan Servicing department at 989.832.9291.

  1. Excludes Adjustable-Rate Mortgages ↩︎