Last Updated: 04/18/2025
This product has no reviews yet. Help others by sharing your thoughts.
Be the first to rateExplore a similar product
Try this top product in Mortgage Refinance
New American Funding Mortgage Refinance
Community Recommended Products
View AllSponsored
Sponsored
Compare All Mortgage Refinance
Filter & compare all your options in one place.
Highlights
Credit Score Range
Amount Range
Loan Term (Years)
BMO Harris Bank - Mortgage Refinance Review
Key Takeaways
- No origination fees. BMO Harris Bank - Mortgage Refinance does not charge fees for processing your application.
- Only offers one mortgage program. BMO Harris Bank - Mortgage Refinance only refinances jumbo mortgages.
- Financing for single-family and multi-family properties. However, BMO does not offer financing for manufactured homes.
- Non-standard interest rates available. BMO Harris Bank - Mortgage Refinance offers option ARM mortgages, adjustable-rate mortgages, hybrid mortgages, and fixed-rate mortgages.
- Considers personal use and investment properties. Refinancing available for primary residences, secondary homes (e.g. vacation properties), and even investment homes such as rentals.
- Fair credit accepted. Borrowers with a credit score as low as 600 may qualify for BMO Harris Bank - Mortgage Refinance.
BMO Harris Bank - Mortgage Refinance Pros & Cons
| Pros | Cons |
|
|
BMO Harris Bank - Mortgage Refinance FAQ
What range of mortgage balances will BMO Harris refinance?
What is the maximum loan term for a mortgage refinance via BMO Harris?
How long does BMO Harris take to refinance?
BMO Harris does not provide details on the average time to close a refinance. However, it typically takes 30 to 45 days to complete a refinance. Of course, a lot depends on the market, the lender, and how long appraisals and inspections take.Does BMO Harris charge a mortgage origination fee?
Does BMO Harris charge prepayment fees?
What mortgage programs does BMO Harris offer?
- Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
- Jumbo: Any mortgage with a loan amount above the conforming loan limits set by Fannie Mae and Freddie Mac. As of 2018, the jumbo threshold is $453,100 in most of the United States.
What property usage types does BMO Harris allow?
- Primary home
- Secondary homes and vacation properties
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Other Services by BMO
Rating not yet determined (2 Reviews)
Rating not yet determined (2 Reviews)
18 Reviews
Be the first to rate
Be the first to rate
12 Reviews
Community Recommended Products
View AllSponsored
Sponsored
SuperMoney Net Recommendation Score
This product has no reviews yet. Help others by sharing your thoughts.
0
BMO Harris Bank - Mortgage Refinance Community Reviews
Would you recommend BMO Harris Bank - Mortgage Refinance to your friends?
There are currently no reviews.
You might also like
SuperMoney
Julie Bawden-Davis
Marcie Geffner
Marcie Geffner