Mortgage Refinancing

Explore the many possible benefits of refinancing your mortgage with M&T. An M&T Mortgage Loan Officer can help you understand your options and start the process.




Whatever your home refinancing goals, we're here to help.

Whether you're looking to lower your interest rate, reduce your monthly payments or interest expense, switch from an adjustable to a fixed rate, consolidate bills, or obtain extra money to pay for expenses, a mortgage refinance could be the solution for you.

Find out what refinancing with M&T can do for you.

Refinance an FHA, VA or USDA loan.

Refinancing an FHA, VA or USDA mortgage loan through M&T provides options with "streamlined" or reduced documentation requirements. These programs have other features and benefits to help you lower your interest rate or monthly payment, or go from an adjustable to a fixed interest rate. An M&T Mortgage Loan Officer can guide you through the process.

Reduce your mortgage payment for the remaining term of your loan.

Refinancing while mortgage rates are low may help you save hundreds of dollars every month and thousands of dollars over the life of your loan.

Avoid future increases in your adjustable rate mortgage payment.

If you have an adjustable rate mortgage, you may be concerned about future rising payments. When interest rates rise, you could face higher mortgage payments. By refinancing into a new fixed-rate mortgage with M&T, you may be able to:

  • Enjoy the security of a fixed principal and interest payment
  • Limit out-of-pocket expenses by financing your closing costs
  • Avoid paperwork hassles with streamlined refinance options

Consolidate monthly bills.

By refinancing your mortgage with M&T Bank, you can consolidate debt at a low fixed rate to:

  • Reduce monthly payments
  • Simplify finances with one monthly payment

Use the equity in your home to pay for expenses.

By taking advantage of a "cash-out refinance," you may be able to use your home's equity to obtain cash and limit out-of-pocket expenses by financing your closing costs. This cash can be used for a variety of expenses, such as home improvements, college tuition or a wedding.

M&T Bank also offers a home equity line of credit and a home equity loan. You could take advantage of the equity in your home and save on taxes. Consult your tax advisor regarding the deductibility of mortgage interest.

An M&T Mortgage Loan Officer can help you weigh your options, so you can make the best choice possible.

Refinancing to reduce total monthly payments may lengthen repayment term or increase total interest expense. All lending products are subject to credit and property approval. This is not a commitment to make a mortgage loan.