MT Mortgage Refinance in Montana
We make it easy to get the lowest mortgage refinance interest rate in MT.
Our loan specialists can customize a loan that is perfect for your needs. In no time at all, 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 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 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.
Return to our mortgage refinance page
| Montana News |
Campaign ad watch: Attorney general candidates hit air waves, TV
The hard-fought electoral race for state attorney general hit Montana's air waves last week, as advertisements for both candidates began popping up on television and radio.
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Rehberg invites Montanans to listening sessions
Montana's Congressman, Denny Rehberg, is inviting area residents to share their comments during a series of public listening sessions to be held in four counties on March 19-20. "I visit each of Montana's 56 ...
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If Montana Anti-Assisted Suicide Law is Unconstitutional, What Difference Does Terminal Illness Make?
Saturday, October 11, 2008 This is all so phony: Compassion and Choices has filed a suit to declare Montana's law prohibiting assisted suicide to be unconstitutional as against Montana's right to privacy.
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Man killed in crash on Montana 82 near Somers identified
The man killed Thursday afternoon in a four-vehicle crash on Montana 82 near Somers has been identified as 24-year-old Trenton James Thornton of Kalispell.
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Economist: Montana likely to outperform nation
HELENA, Mont. - The director of the University of Montana Bureau of Business and Economic Research addressed a legislative committee Thursday and said, had he been speaking a year ago, his talk may have been ...
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BNSF coal train derails east of Huntley
Twelve cars of a BNSF coal train derailed early Friday near Anita , Montana, about 35 miles northeast of Billings.
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Cell phones change election polling
Four weeks away from the counting of 2008 election ballots, and phones lines are burning.
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Support statea s future with education levy
Small, stooped, with a wry sense of humor, Winfield Emerson Page was one of the early stock market "day traders." Page was essentially nocturnal.
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Judge rules against candidate in ballot case
A federal judge has denied an independent candidate's request to have his name placed on the November ballot in Montana's U.S. Senate race.
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Northeast, southeast best areas for pheasants in Montana
Montana's general pheasant season opens Saturday and runs through Jan. 1, 2009, with varied outlooks for pheasants across the state.
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Judge labels GOP's voter challenge as 'political chicanery'
U.S. District Court Judge Donald Molloy issued a scathing order Wednesday lambasting the Montana Republican Party for challenging the registrations of thousands of Montana voters, but he stopped short of an ...
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Power line's a hard sell
No matter where NorthWestern Energy Corp. proposes building a major power line through southwest Montana, it's an unpopular sell to people whose homes and land it would pass by.
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Montanan wins Army contest
Growing up on a cattle ranch near Melrose and serving three tours in Iraq and Afghanistan didn't hurt Staff Sgt.
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Schweitzer, Brown spar over energy in debate
Montana gubernatorial candidates Republican Roy Brown, left, and incumbent Democrat Brian Schweitzer shake hands as they take the stage for a debate at Montana State University-Billings Tuesday, Oct.
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Trout return to Buttea s Silver Bow Creek for second year
Scientists have again found live trout in Silver Bow Creek, the waterway making a comeback after a century of contamination by mine waste.
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Protect the Vote: "Malicious and Stupid" Montana Republicans
Last week I posted on the Montana Republican party's efforts to disenfranchise 6,000 voters in six predominantly Democratic counties.
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Dems file to block GOP voter challenges
The state Democratic Party filed suit Monday to block Republican Party efforts to challenge the registration of more than 6,000 Montana voters, calling it an "illegal vote-suppression scheme" targeting likely ...
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'Log, Baby, Log': A Bailout for Montana's Timber Industry
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Cascade County not affected by GOP voter challenge
Cascade County was not among the six traditional Democratic counties blanketed by election challenges from the Republican Party.
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Montana Human Rights Commission sides with county employee who alleges age discrimination
The Montana Human Rights Commission has ruled in favor of a longtime Butte-Silver Bow employee who alleges age discrimination.
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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"...I was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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