How to Decide If Mortgage Refinancing is Right for You

Mortgage refinancing can help you to save money if:

  •  Your equity has grown such that you no longer require Private Mortgage Insurance (PMI)
  • Your credit score has increased and you qualify for a lower interest rate than you did with the original mortgage
  • You want to switch from an adjustable rate mortgage to a fixed rate mortgage or vice-versa
  • You expect to remain in your current home for at least the next five years
  • Prevailing interest rates have gone down substantially from when you originally took out the mortgage loan

Save Money with Mortgage Refinancing with Jefferson Bank

Mortgage Refinancing in St. Louis

How would you like to reduce your monthly mortgage payments? Shorten your amortization? With mortgage refinancing from Jefferson Bank and Trust, it may be easier than you think. With mortgage refinancing, you can take a mortgage with higher interest rates and fees and replace it with one that’s lower.

Interest rates may have dropped substantially from the time when you borrowed a mortgage or your overall personal financial situation may have improved. Either way you may qualify for low rate mortgage refinancing at rates that could surprise you.

At Jefferson Bank and Trust, we make strong personal service in mortgage refinancing one of our top priorities.

Call our office at 314-621-0100 for more details. You can also use our web contact form if you have any questions.

At Jefferson Bank, our personal bankers will work with you to make sure that you save as much money as possible on mortgage refinancing fees. We’ll also offer you the best rate that we can while providing you with personal service above and beyond the expected. We make the terms easy for you to understand so that you make an educated decision when it comes time to refinance your mortgage.

Why Jefferson Bank Offers Better Mortgage Refinancing Services

Apply for Mortgage Refinancing | St. Louis Banks

Our bankers have unparalleled expertise in the St. Louis real estate market. We’ll help you to decide if mortgage refinancing is the right choice for your particular financial situation and the property that you’re currently living in. The advice that we provide will be based on how we think your financial situation can be improved rather than just focused on getting you to sign on the dotted line for mortgage refinancing.

Unlike the many other banks and financial institutions that pressure their loan officers to extend as much credit as possible, our bank runs on a model of fiscal prudence and expertise in local lending to St. Louis individuals and businesses. We provide responses to mortgage refinancing applications with uncommon speed.

To apply for mortgage refinancing or for more information, call us at 314-621-0100 or visit one of our banks in St. Louis. You can also use our online contact form, and we’ll get back to you with a response as soon as possible.