- Streamline Refinance: The fastest refinance solution, this is certainly the most popular one, which is available under three options: Conventional, FHA and VA. The existing mortgage should be a fixed-rate one and for a 1-2 unit primary residence or a single family unit used as a second home. Other requirements may vary according to the refinance option applicable to you.
- Regular Refinance: The refinance option is open to anyone with an objective to reduce the loan term or lower the interest rate. It is also possible to include closing costs in the new home loan under this plan. The options include Conventional (90% LTV), FHA and VA (90% LTV).
- Cash-out Refinance: It is a great idea to utilize the equity in your home to finance a number of obligations. US Bank Cash out refinance programs just help you do the same. The options include conventional as well as Government-backed FHA and VA cash-out.
- Smart Mortgage Refinance: This option allows you to refinance an existing mortgage without incurring extra expenses. A streamlined process, which is exceptionally fast, Smart Mortgage Refinance option offers you fixed rate loan with a flexible term advantage (maximum 30 years), no closing costs and other charges, and reduced paperwork.
US Bank Mortgage Refinance Rates
The US Bank Mortgage Refinance Rates are the same as those associated with mortgages for purchase. Here is a sample of refinance rates for some popular loan programs of the bank.
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