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Rapid Refinance

Rapid Refinance Loans

Yes! You can refinance your home with Texell with no closing costs!¹ 

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Our Rapid Refinance Loan is designed to simplify and reduce both the time and paperwork required for refinancing your home with limited to zero closing costs.

Benefits of a Rapid Refinance Mortgage Loan:

  • No closing costs: No closing costs for existing members1
  • Flexible terms: Loan terms of 5, 10, and 20 years
  • Incredible rates: Rates as low as 6.38% APR2
  • Escrow requirement: None!
  • Lower credit score requirement: 660 minimum
  • Loan-to-value: 80% maximum required

Ready to Get Started? 

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Use our best-in-class online application to start your Mortgage Loan.


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9 a.m. – 6 p.m.

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Get a personalized consultation at one of our branches.


Rapid Refinance3 Rate
APR2 as low as
Lender Fee

10-Year Fixed





15-Year Fixed





20-Year Fixed





1 No closing costs for existing members and a $300 processing fee for new members.
² APR = Annual Percentage Rate. Rates effective 7/15/2024
3 Existing mortgages, including those serviced through MidWest Mortgage, are not eligible for refinancing.

Rates are subject to change without notice and may vary depending upon credit history, loan programs, and loan terms. Rates are quoted on a 30-day lock option. For additional rates or program availability, please contact the Mortgage Department at 254.774.5104 or apply online. For complete details about payments, rates, and fees, please visit our rates page or contact Texell.


Frequently Asked Questions:

In most cases, yes! Members can refinance their mortgage from another lender with zero closing costs. There is a low $300 processing fee for new members.

In most cases, you can complete your Rapid Refinance loan in 30 days or less. Contact our Texell Home Loans experts for more information.

No, Texell does not sell any Rapid Refinance Loans. Your loan will remain at Texell for the entire term of the loan.

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