Mortgages at MBT Bank

Home Personal Banking Mortgages at MBT Bank

Mortgage Services for Forest City, Clear Lake, Rochester, Lake Mills and Crystal Lake

Homeownership is and always has been a part of the “American Dream.” From homes in town with white picket fences to homes outside of town with lots of space, MBT Bank  provides mortgages for all types of homes and families. MBT Bank offers:
• Mortgages for Buying a Home
• Mortgage Refinancing 

Mortgages for Purchasing a Home

Looking to buy a home in or around Forest City, Clear Lake, Rochester, Lake Mills or Crystal Lake? MBT Bank has you covered.

Using MBT Bank as your mortgage partner for buying a new home means you get the right home loan for your need with the service you deserve. Mortgages for home purchases include long-term fixed rate mortgages and adjustable-rate mortgages.

Fixed-Rate Mortgages

• Mortgage overview: fixed-rate mortgages lock in your interest for the life of your loan, and come in 15-, 20-, or 30-year terms
• Best for: those who want a consistent monthly payment to budget around, and times when interest rates are low.
• Benefits: you know your monthly mortgage payment, making it easier to plan into your finances.

 Adjustable-Rate Mortgages

• Mortgage overview: adjustable-rate mortgages have fluctuating interest rates that change with market conditions. This means monthly mortgage payments can change.
• Best for: those who have high enough income or are expecting an income increase to cover any increase in mortgage payments; those planning to not stay in a home for very long.
• Benefits: may end up being less expensive over time than a fixed-rate mortgage because of lower initial interest rates and the possibility of interest rates staying low.

Mortgage Refinancing

MBT Bank can also work with you to refinance your mortgage. Our mortgage lenders can work with you to refinance your mortgage term and/or rate or assist you with a cash out refinance.

The Benefits of Refinancing Your Mortgage

Refinancing your mortgage is not the right choice for everyone. However, it may allow you to do any of the following:
• Lower Your Monthly Payment
• Build Equity Faster
• Change Your Loan Program Type
• Manage Your Credit Better
• Pay Off Your Mortgage Sooner

Please note: these are possible benefits of refinancing your mortgage. Please consult an MBT Bank mortgage lender for more accurate results in your individual case.

Apply for Your Mortgage at MBT Bank

You can begin your mortgage application with MBT Bank easily online through our Mortgage Center.