Refinance Your Mortgage And Get Back That Lovin' Feeling
When you refinance, you can put the power of your home to work for you by selecting
new mortgage terms, interest rates and monthly payment options. Think of refinancing
as a second honeymoon.
M&T Bank is here to help. We offer an array of refinancing options that can
help revitalize your current situation and help you fall in love with your house
all over again.
Wondering if a refinance is right? We know a low interest rate is probably at the
top of your mind – ours too. But, there are five additional factors besides rates
that you should consider:
When it comes to refinancing, it's important to consider your monthly payments.
Not just the mortgage, but all of your monthly bills. The right refinance
could help reduce, consolidate or even eliminate them – lowering your total monthly
As refinance experts, we can suggest the best ways to put your home equity to use!
Maybe a little home fix-up is in order, or paying off credit cards or even funding
a college savings plan. Once we know your goals, we can help you achieve them.
Some lenders tend to focus on just the transaction – not you. At M&T Bank, we
look at the bigger picture. As you collaborate with one of our loan experts, don't
be surprised when topics such as retirement plans or other milestones come up. Knowing
your plan helps us tailor the ideal mortgage term.
With mortgage interest, property taxes, and mortgage insurance potentially being
tax-deductible, we'll take into account how these deductions may optimize your savings
when refinancing! (Always remember to consult your tax adviser.)
You may have heard that you get to skip a mortgage payment or two with every refinance
– well, not exactly. Typically, there is a gap between when your existing mortgage is
paid off and when your new mortgage payments begin – affording you a little break.
Spend it wisely!
We'll consider all these factors and more when determining the best refinancing
options for you. Still not sure? Talk to an expert,
utilize our easy loan wizard to explore products, rates
and payments or get approved now.