In addition to getting a lower rate or monthly payment, there are many reasons why refinancing your mortgage loan could be beneficial to you. Plus, Bremer now offers extended rate locks up to 180 days on refinance mortgage loans. A Bremer mortgage loan officer can help you determine if refinancing is in your best interest.
Refinance your mortgage loan to a new loan with a lower interest rate (if available), or spread your payments across a new, longer remaining loan term.
Refinance to a lower interest rate (if available) and improve your ability to pay ahead on your loan. You may also choose a shorter loan term to make sure you pay the loan more quickly.
Tap into the equity you have in your home to pay for a remodeled kitchen, finished basement or other project. Depending on your situation and the available equity in your home, either a mortgage loan refinance (“cash-out refinance”) or a home equity loan or line of credit could be a good option for you.
Buy that car, truck or boat or other item you’ve been dreaming of. Our personal bankers will work with you to understand your needs and choose an option for your specific situation.
Get a fresh start by eliminating costly credit card debt. Our personal bankers can work with you to understand your needs and choose an option for your specific situation.
As college tuition continues to increase, homeowners are increasingly turning to their home’s equity for help in funding education.