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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.

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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?

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When you’re ready, we’re ready.

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

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See the current rates from Commerce Bank Mortgage.

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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.

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Commerce Bank NMLS#411948


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. 

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