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REFINANCING A HOME

Refinance your mortgage to help you reach your goals

Discover flexible refinance options from the bank with the strongest environmental policies of any major U.S. bank.footnote1

It’s easy to get started — call today or apply online

Call: 844-777-2689
TTY: 800-659-5495

Start Online

See what's possible

When you refinance, you pay off your existing mortgage with funds from a new mortgage on terms that work for you.

What you can do with a mortgage refinance:

  •  Consolidate higher interest debt
  •  Lower your monthly payment
  •  Take cash out to remodel
  •  Shorten your term and pay off your mortgage faster
  •  Refinance your FHA loan into a conventional loan

Today’s Purchase Rates

Select a rate or APR to view important loan information.

* All purchases are assuming autopay, CA-South Region, FICO 740, 80% LTV

Let us help you get our best rate

Are you shopping rates with another lender?

We'll do our best to meet or beat your current mortgage offer from another lender.footnote2 Even if you've already applied elsewhere, we may be able to reimburse you up to $750 for closing costs when your new Bank of the West mortgage closes.

Turn your deposits with us into interest rate discounts

Our relationship pricing discounts for current Bank of the West and BWIS customers start at 0.125% if you have $100,000 or more in eligible deposits and rising to 0.75% with $3 million or more in deposits.footnote3

Get a 0.125% discount for setting up autopayfootnote4

Simply have your monthly mortgage payment automatically deducted from a Bank of the West savings or checking account.

Talk to your Home finance specialist for details.

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Why choose Bank of the West?

  •  Experienced home finance specialists with you every step of the process – Find a home finance specialist
  •  Dedicated Mortgage and HELOC Sales Centers with convenient evening and weekend hours – Find My Branch
  •  A variety of home financing options to meet your unique financial needs
  •  Strongest environmental policies of any major
    U.S. bankfootnote1
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Get answers to your questions about the home loan refinance process

  • Do I need to be a current Bank of the West customer to apply?

    No, we encourage customers and non-customers to apply.

  • How long does it take to refinance?

    It depends. Generally, it can take approximately 45 days for your loan to fund. However, please note that factors such as the type of loan product, property condition, appraisal turn time, market demand, and ability to obtain required documentation may impact these timeframes. Contact a home finance specialist for current turn times.

  • Why are the rates that you offer different from other lenders?

    Many factors are considered when a mortgage interest rate is established. Rates vary based on FICO® score, loan term, loan amount, down payment, property type, and location. Speak with one of our home finance specialists to find out the best rate we can offer you.

  • When is a home appraisal ordered?

    Once you have completed your application for a refinance, the lender will order an appraisal to ensure that the property’s value is sufficient for the loan amount requested. A licensed appraiser will visit the property to conduct the appraisal inspection. Generally, the appraisal report is completed and received between two days to two weeks, depending on the type of appraisal, the location of the property, and market demand.

  • How do appraisers evaluate a home?

    Appraisers complete a visual inspection of the interior and exterior of the property and note any conditions that might adversely affect the property’s value, such as needed repairs. Further, they compare the home to other similar homes in the area and their recent sales prices.

  • What are some of the common mortgage fees and costs I might incur after closing?
    Click here to download an outline of our common mortgage fees and costs
  • How do I request a mortgage loan payoff amount?

    Our customer service team can provide a loan payoff amount. Simply call 888-915-2327 (TTY: 800-659-5495) and select “mortgage payoff” to speak with one of our team members.

  • What’s the difference between fixed- and adjustable-rate mortgages?

    Fixed-Rate Mortgage

    • Interest rate will never change
    • Predictable monthly principal and interest payments
    • Protects you from interest rate increases over time
    • Most popular because of its stability

    Adjustable-Rate Mortgage (ARM)

    • Initial interest rate may be lower than a comparable fixed-rate loan
    • An ARM has an interest rate that is fixed for a set period, usually 5, 7 or 10 years
    • After the fixed-rate period, the interest rate adjusts based on an index (such as SOFR) and monthly payments fluctuate with the market
    • May be best if you plan to pay more on your loan early on or live in your home for a short time
  • My application was denied. Now what?

    Please refer to your loan denial notice for the specific reason your application was denied. If you were denied due to credit score, this article has helpful tips on how to improve your score: Good Credit Planning. Your Home Loan Specialist will assist with information that may be helpful when you’re ready to reapply.

We’re here for you

HOME EQUITY LINE OF CREDIT (HELOC)

Get the funds you need with a HELOC1

Talk to one of our home finance specialists
Call today: 844-777-2689
TTY: 800-659-5495

Start Online

Tell us where you live

Choose your state of legal residence. We can then give you information about the products and services available in your area.

Note: Bank of the West has branches only in the states listed in the drop-down. At this time, we only open accounts for individuals and businesses in these states.