Where does US Bank do business?
US Bank is a bank based in Minneapolis, MN. The company was founded in 1863 and offers mortgage refinancing to borrowers in 50 states across the USA (and Washington, DC).
What is the maximum loan term for a mortgage refinance via US 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. US Bank offers mortgages refinancing with terms ranging from 10 to 30 years.
Does US Bank charge a mortgage origination fee?
Yes, US Bank may charge a loan origination fee.
What mortgage programs does US Bank offer?
US Bank offers the following mortgage types:
- Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
- FHA: Mortgages insured by the FHA, which usually have less stringent eligibility requirements, but borrowers must pay a mortgage insurance premium. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
- VA: A zero down payment mortgage or a refinance of up to 120% of the home's value for American military members, veterans, and their spouses.
What property usage types does US Bank allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. US Bank allows the following property usage types:
- Primary home
- Secondary homes and vacation properties
800 Nicollet Mall
Minneapolis, MN 55402 USA
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Other Services by US Bank
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia