Reset Mortgage - United Nations Federal Credit Union

Congratulations! Based on your mortgage history with us, you have been selected for a mortgage modification. This is the quickest and least costly way to reduce your mortgage payments.

Once we verify your identity, you can review your new rate and monthly payment. Then, you can decide if this option is right for you.

Please remember: The rate quoted in this offer expires 10 days from the date of your email.

Verify your identity

Enter the year of your birth, followed by the 5-digit zip code of the property you are financing with us. Do not add any spaces.

For example, if you were born in 1960 and the property zip code is 12345, enter 196012345

Continue

Not sure yet? Click here for a few FAQs

How long does it take to accept this mortgage modification offer?
The online process takes just a few minutes. We will process the offer within three business days once we receive and validate all signed documents.

Does this mortgage modification require an appraisal?
No, mortgage modifications do not require an appraisal since the terms of your mortgage will not change.

Will I need to submit any documentation if I decide to move ahead with the modification?
No, a modification does not require any documentation since we are not changing the terms of your mortgage.

Will I have to pay closing costs for a modification?
You will not need to pay closing costs, but there will be a processing fee. This one-time fee is based on the amount of your mortgage balance.

Can I change the terms of my mortgage with a modification?
The modification is a simpler process than a mortgage refinance because it only changes your rate. You cannot use a modification to select an adjustable rate mortgage (ARM) for a different length of time. However, you will be able to extend the fixed period of your ARM to lock in the lower rate. For example, let's assume you have a 5/1 ARM and you are nearing the end of your first five years. A modification gives you the option to lock in the lower rate we are offering for another five years. Note that a new rate may change the amount of your monthly payments.

Interest Rate = APR. All rates are subject to change and verification. Rates will be verified after all required signatures are received and before completion of your mortgage modification.