Rework your mortgage rate and terms.
Make the most of your home’s potential by refinancing your home loan with Bank Iowa. This can help lower your monthly payments, shorten your loan term or even tap into your home’s equity for major expenses. Bank Iowa is here to help guide you through the refinancing process!
Refinancing your mortgage could be the key to reaching your financial goals faster. Benefits may include:
If interest rates have dropped since you took out your original mortgage, refinancing to a lower rate could save you money each month. This could provide more cash flow for your budget.
Refinancing to a shorter loan term can help you pay off your mortgage faster, potentially saving you thousands in interest costs over the life of the loan. A shorter loan term could also lead to you owning your home outright sooner than initially anticipated.
Looking to make home improvements, consolidate debt, or cover other major expenses? A cash-out refinance allows you to tap into your home’s equity. With competitive rates and flexible terms, you can access the funds you need, all while refinancing your mortgage.
If you have high-interest debt, such as credit card balances, refinancing your mortgage to include the cost of the debt can simplify your payments and lower your overall interest rate.
Whether you’re looking to lower your payments, shorten your loan term, or tap into your home’s equity, Bank Iowa is here to help.
Get started today with a mortgage professional or through our Mobile Mortgage app.
*Subject to credit approval.
