Student Loan Refinance

NOTE: The CARES Act was passed in response to events related to the Coronavirus pandemic and includes broad relief measures for federal student loan borrowers. If you are considering refinancing your federal student loans, please make sure to review these measures at www.studentaid.gov/coronavirus to understand your options.

 

Take control of your student loan repayment by refinancing with BMI Federal Credit Union! You'll be able to refinance and consolidate your private and federal student loans (including PLUS loans) into one manageable loan, setting up one convenient payment, and potentially lowering your rate1. Featuring a competitive interest rate and zero origination fees, our refinance loan can help you simplify your life while amplifying your funds.

Check out some of these great benefits

  • Refinancing available up to $75,000*

  • Competitive interest rates

  • Flexible repayment terms to fit your needs
    (view our rates page for more information, repayment examples, and important disclosures)

  • No origination fees or prepayment penalties

  • Borrow from a not-for-profit credit union you can trust

 

*BMI Federal Credit Union will review all applications to ensure total student loan indebtedness to BMI Federal Credit Union does not exceed $75,000 for both the student borrower and the cosigner.

1. Subject to credit qualification and additional criteria, including graduating from an approved school.

IMPORTANT NOTICE: By refinancing federal student loans, you may lose certain borrower benefits from your original loans. These may include interest rate discounts, principal rebates, or some cancellation benefits that can significantly reduce the cost of repaying your loans. Please review this important disclosure for more information. 

 

  RATES

A better deal from your local not-for-profit cooperative

  SCHOOLS

More than 1,500 approved schools across the country

  FAQ

Answers to your most common questions

  RESOURCES

Financial resources to help you succeed in college and beyond

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