Refinancing your current mortgage may allow you to lower your interest rate and monthly mortgage payment, shorten the term of your mortgage or let you use your home equity to make larger purchases or consolidate debt.
If your mortgage is less than $250,000, you may benefit from refinancing with a home equity line of credit with a Fixed Rate Lock Option. A HELOC offers competitive rates, flexibility, and we pay many closing costs.
To learn about refinancing options, contact a BMO Harris Mortgage Banker.
If you're thinking about buying bigger, BMO Harris may have a jumbo mortgage that fits your plans. Jumbo loans are those that exceed conforming loan limits, for financing amounts of $453,1013 and above.
For qualifying customers4, enjoy a 0.375% interest rate discount on a jumbo mortgage loan.
To find out if a jumbo loan is right for you, contact a BMO Harris Mortgage Banker.