Skip To Main Content
Couple sitting on the porch of their new home.

Mortgage Refinancing Process

Why consider a mortgage refinance?

There are many reasons to consider a mortgage refinance. Whether it’s debt consolidation, switching from an adjustable-rate loan to a fixed-rate loan, cashing out equity to pay for other expenses, paying less interest with a shorter-term loan, or converting an FHA loan to a conventional mortgage, we have the solutions to address your needs.

Start My Application


How does a refinance work?

Typically, a refinance requires a property appraisal, processing, and closes in about a month. The terms of the new mortgage may include a “cash out” provision, which allows you to access your home’s built-up equity to use toward other financial goals. Once completed, your refinance results in a new loan with a new payoff term, new interest rate and new cost.

How does a refinance work?

View Text-Friendly Version

When you’re ready, we’re ready.

Check today’s rates and start your application — all with a few clicks.

Check today’s rates

See the current rates from Commerce Bank Mortgage.

Check Rates

Start your application

Take the next step and
apply online.

Apply Online

Commerce Bank branding

Mortgage made simple.

Our goal is to make the mortgage loan process straightforward and easy to navigate. Whether you meet with a mortgage banker face-to-face, through chat or over the phone, we’re here to help every step of the way.

Contact a Mortgage Banker

Commerce Bank NMLS#411948

Disclosures:

Commerce Bank Mortgage supports the markets and communities within our geographic regions and reserves the right to limit the geographic area in which loans will be made. Commerce does not lend in Maryland. 

To send an email that contains confidential information, please visit the Secure Message Center where there are additional instructions about whether to use Secure Email or Online Banking messaging.

To view or print a PDF file, Adobe® Reader® 9.5 or above is recommended. Download the latest version.