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Big Timber, MT Mortgage Refinance in Montana

We make it easy to get the lowest mortgage refinance interest rate in Big Timber, MT.

Our loan specialists can customize a loan that is perfect for your needs. In no time at all, Big Timber, MT residents can be on the way to a lower interest rate, a lower monthly payment, or switching from an adjustable rate mortgage to a fixed rate mortgage.

When Should I Refinance?

The best time to refinance is when interest rates in Big Timber, Montana drop below the rate of your current mortgage.  With a lower interest rate, you'll save money on your mortgage payment every month.  Be sure to read our article titled Reasons to Refinance Now.

Turn Your Adjustable Rate into a Fixed Rate

With adjustable rates on the rise Big Timber, MT residents can benefit greatly from refinancing your home for a low fixed rate.  These benefits include a lower monthly mortgage payment, and the security of knowing your mortgage payment won't increase.

Cash-Out Refinancing

Using the equity in your home, you can refinance your mortgage for a higher amount than your current principal balance and receive the extra funds as cash.  You can use this money however you would like, including, remodeling your home, paying off high-interest rate credit cards, paying off student loans, or consolidating all your debt.  How much cash out you can receive by refinancing depends largely upon the principal balance remaining on your mortgage and the amount of equity in your home.

Eliminate PMI

Private Mortgage Insurance is usually required if your downpayment on your home was less than 20 percent.  If your home equity has increased since your purchase, you may have enough equity to elimate that PMI payment by refinancing your mortgage.

Save Thousands in Interest

When you refinance your home you can decide to switch your mortgage to a shorter term, such as 10, 15, or 20 years.  Depending on how much lower the refinance rate is, you will likely pay more per month for this shorter term home loan.  However, in the long-term you are saving thousands in interest.  And because more of your monthly mortgage payment goes towards the principal, your home equity will increase much quicker.

Mortgage Refinance Calculators

Mortgage Payment Calculator
Refinance Savings Calculator
Refinance APR Calculator
Refinance Points Calculator 

Refinance Articles

Reasons to Refinance Now
Beat the Subprime Mortgage Crisis 
Return to mortgage refinance in the state of MT

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Big Timber, Montana News
Grass Range woman grateful to be alive after shooting

GRASS RANGE - There may be nobody in Montana with more to be thankful for this holiday season than Diane Livingston, who was shot four times, including three times in the head.


Helenans get glimpse of national Christmas tree

Eliza Wiley IR photo editor - Jackson Cosgrove, 3, peers into the viewing area for the nation's Christmas tree Saturday evening at the Capitol.


Truck crashes into Pizza Hut

A Montana man has been arrested on suspicion of reckless driving and leaving the scene of an accident after his abandoned vehicle was found at about 2:45 a.m. this morning crashed into a restaurant.


Public forum to explore meeting Montana's information needs

Montana Leaders in governance, media and civic activism will attempt to offer insights on the information needs of communities in a democracy during a public forum Saturday at the University of Montana.


Grand Union Gathering

More than 18 cowboy poets and pickers, including nationally recognized stars in the genre, are featured at the Grand Union Gathering today and Saturday at the Grand Union Hotel in Fort Benton.


Ranger district offers firewood permits

The Big Timber Ranger District continues to offer free-use firewood permits for slash piles located in the Derby Gulch, Main Bridger, West Bridger and Iron Mountain Roadside Salvage sale areas.


Love tale is perfectly drawn story

Jessica Zemsky and her husband, Jack Hines, are artists of sufficient reputation to be recognized while painting on the streets of Venice, Italy.


Big Timber artist gives 25 original paintings to Billings hospital

Her own life's canvas nearly painted, Big Timber artist Jessica Zemsky is donating 25 original paintings and five prints of cheerful children to St.


DNRC restores damage from Dunn Mountain blaze

The fire crews, engines and slurry bombers are long gone, and the smoke has cleared on the 102,383-acre Dunn Mountain wildfire 30 miles northeast of Billings.


Firewood offered from slash piles

The Big Timber Ranger District continues to offer free firewood permits for slash piles located in the Derby Gulch, Main Bridger, West Bridger and Iron Mountain Roadside Salvage sale areas.


Boulder River group brings landowners together

The sky hangs heavy, teasing of rain, as three Boulder River ranchers peer into the hole.


Man hospitalized after Natural Bridge fall

A man was hospitalized Saturday after falling 30 to 40 feet at the Natural Bridge Recreation Area about 25 miles south of Big Timber.


State offers plan to protect trout

Plans to poison and electrofish trout streams in the Billings area to preserve habitat for native Yellowstone cutthroat trout are being proposed by the state.


James Eric Holcomb

James Eric Holcomb, affectionately known as "Rocky" or "Jim," was taken from us on Sept.


Reed Point's Great American Sheep Drive celebrates 20 years, albeit...

The most entertaining part of the 20th annual Great American Sheep Drive may be the incident that most spectators missed.


Coroner identifies accident victim

The Sweet Grass County coroner has identified the victim of a single-vehicle rollover on U.S. Highway 10 as Isaiah Payton-Seeley, 22, of Big Timber.


Man dies in rollover crash near Big Timber

A 22-year-old man is dead after rolling his vehicle on Highway 10 near Big Timber.


Forest Service cabin reappraisals prompt congressional attention

The Saunderses were stunned when they saw the appraisal. Yes, fuel and food have jumped in price.


BLM hosting open houses

The Bureau of Land Management Billings Field Office is hosting seven scoping open houses in August as part of its preparation of two resource management plans.


Fire specialist has seen it all fighting wildfires

There are hundreds of ways to start a fire, and Pat Mullaney, fire management specialist for BLM, has seen many of them in a career that has spanned more than 30 years.


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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
 
"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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