Where does Benchmark Bank do business?
Benchmark Bank is based in Frisco, TX. The company was founded in 1964 and offers mortgage refinancing to borrowers in 1 state across the USA.
What is the maximum loan term for a mortgage refinance via Benchmark Bank?
The term of a mortgage refinance will determine the cost of your monthly payments. Longer terms will typically reduce your monthly payments but it will also increase the interest you pay. Benchmark Bank offers mortgages refinancing with terms ranging from 15 to 30 years.
Does Benchmark Bank charge a mortgage origination fee?
Yes, Benchmark Bank may charge a loan origination fee.
Does Benchmark Bank charge prepayment fees?
Yes, Benchmark Bank charges additional fees to borrowers who pay off their home loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment fees can reduce or even cancel the interest savings of repaying a loan early.
What mortgage programs does Benchmark Bank offer?
Benchmark Bank offers the following mortgage programs:
- Conventional mortgages
What property usage types does Benchmark Bank allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Benchmark Bank allows the following property usage types:
- Primary home
- Secondary homes and vacation properties
- Inestment properties and house flipping projects
Other Services by Benchmark Bank