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Mortgage Refinancing Help: Missouri

When you do a cash-out refinance you are leveraging the equity in your home in order to receive a lump sum of cash at closing. Many individuals and families use this type of loan if they want to remodel their home, or they have kids that are attending college soon. Veterans and other military personnel can now take advantage of a 100% cashout refinance thanks to the Veterans Benefits Improvement Act of 2008.

 

 
           
Mortgage Refinancing Help : Business: Financial Services: Banking Services: Credit Unions: Regional: United States : Missouri (31)

 

 

 

Mortgage Refinancing TipIt is feasible to go for a refinance when you have built up at least 10% equity in your home (For Fannie Mae owned mortgages, the value is 5%). It is also possible for you to choose the option if your equity is less than 5%, but you may have to pay a certain amount of cash in order to make up for the difference in equity.


Mortgage Refinancing Help: Missouri ()

See also:


 
First Financtial Credit UnionFirst Financtial Credit Union »
Jefferson City. Open to MoDOT and Missouri Highway Patrol employees.
 
Arsenal Credit UnionArsenal Credit Union »
St. Louis. Serves residents or employees in St. Louis.
 
Missouri Central Credit UnionMissouri Central Credit Union »
Lee’s Summit. Serving select employee groups.
 
First Community Credit UnionFirst Community Credit Union »
St. Peters. Serving select employee groups and their families.
 
Community Financial Credit UnionCommunity Financial Credit Union »
Springfield. Serving select employee groups and resident groups.
 
Great Plains FCUGreat Plains FCU »
Joplin, MO. Serving select employee groups.
 
St. Louis Community Credit UnionSt. Louis Community Credit Union »
St. Louis. Serving residents and workers in the St. Louis community.
 
Central Communications Credit UnionCentral Communications Credit Union »
Provides saving and loan financial services to Kansas City, MO area residents.
 
Southpointe Credit UnionSouthpointe Credit Union »
Southpointe. Serving select employee groups and organizations.
 
First Missouri Credit UnionFirst Missouri Credit Union »
St. Louis. Serving select employee groups and organizations.
 
Kansas City Credit UnionKansas City Credit Union »
Kansas City. Serves the employees and families of the City of Kansas City, MO.
 
Central Communications Credit UnionCentral Communications Credit Union »
Kansas City. Serves select employee groups in Kansas City.
 
West Community Credit UnionWest Community Credit Union »
St. Louis. Serving many employers and county communities in St. Louis.
 
Kansas City Police Credit UnionKansas City Police Credit Union »
Kansas City. Serving Kansas City Police employees.
 
Vantage Credit UnionVantage Credit Union »
St. Louis. Serves employees of schools throughout Missouri.
 
Gateway Metro Credit UnionGateway Metro Credit Union »
St. Louis. Serving anyone employed by Southwestern Bell and affiliated companies.
 
CSD Credit UnionCSD Credit Union »
Kansas City. Serves employees of select schools in Kansas City.
 
Electro Savings Credit UnionElectro Savings Credit Union »
Full service financial institution serving residents of St. Louis City and County, St. Charles and Jefferson Counties, and the employees and family members of AmerenUE and other employee groups.
 
Midwest United Credit UnionMidwest United Credit Union »
Kansas City. Serving members living or going to school in Clay or Jackson Counties as well as select employer groups.
 
Mizzou Credit UnionMizzou Credit Union »
Columbia. Serving select employee groups and their families.
 
Alliance Credit UnionAlliance Credit Union »
St. Louis. Serves employees and retirees of many companies in St. Louis.
 
County Credit UnionCounty Credit Union »
Clayton. Serving residents and select employee groups in the Clayton area.
 
Edison Credit UnionEdison Credit Union »
Kansas City. Serves select employee groups and members' families.
 
Mazuma Credit UnionMazuma Credit Union »
Kansas City. Serving federal employees and select employee groups.
 
Anheuser-Busch EmployeesAnheuser-Busch Employees' Credit Union »
St. Louis. Serves employees of Anheuser-Busch.
 
Spirit of St. Louis Credit UnionSpirit of St. Louis Credit Union »
St. Louis. Serving select employee groups in St. Louis.
 
Century Credit UnionCentury Credit Union »
St. Louis. Serves employee groups in south St. Louis County area, as well as Jefferson and Franklin counties.
 
Health Care Family Credit UnionHealth Care Family Credit Union »
St. Louis. Serving health care providers in St. Louis.
 
Postal-Federal Community Credit UnionPostal-Federal Community Credit Union »
Springfield. Serves select employee groups and organizations.
 
KC Police Credit UnionKC Police Credit Union »
Kansas City. Membership is open to the employees and families of the Kansas City Missouri Police Department.

 


 
      


Mortgage Refinancing TipRefinancing a mortgage means the owners are paying off their existing mortgage and replacing that mortgage with a new loan. Generally, the costs associated with mortgage refinancing are rolled into the loan, meaning they are added to the existing balance, increasing the loan amount.
 

Mortgage Refinancing TipWhen lenders offer a "no-cost" loan, they may include a prepayment penalty to discourage you from refinancing within the first few years of the loan. Ask the lender offering a no-cost loan to explain all the fees and penalties before you agree to these terms.
 

Mortgage Refinancing TipUnless you are getting a lower interest rate, refinancing your home may cost you more money in the long run and may require you to pay higher monthly payments.
 

Mortgage Refinancing TipAsk the company carrying your current title insurance policy what it would cost to reissue the policy for a new loan. This may reduce your cost.
 

   

   


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