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Refinancing.  With today's low mortgage rates, now's the time to raise the green flag and consider refinancing with M&T.

Is refinancing right for you?*

You may be able to achieve several goals with a mortgage refinance. If you have questions about the mortgage refinance process, the benefits you might realize, or your specific situation, M&T can help. By refinancing with M&T you may be able to:

Avoid Future Increases In Your Adjustable Rate Mortgage Payment

Do you have an adjustable rate mortgage? Are you concerned about your mortgage payment rising? When interest rates rise, you could face higher mortgage payments. By refinancing into a new fixed rate mortgage with M&T, you may be able to:

- Enjoy the security of a low, fixed principal and interest payment
- Limit out-of-pocket expenses by financing your closing costs
- Avoid paperwork hassles with streamline refinance options

Consolidate Your Monthly Bills**

By refinancing your mortgage with M&T Bank, you may be able to consolidate debt at a low fixed rate and:

- Reduce your overall monthly payments
- Utilize additional equity in your home to help finance a child’s education or   make home improvements
- Simplify your finances with one monthly payment

Obtain Cash For Other Needs

Need extra cash? Taking advantage of the equity in your home makes a lot of sense when you consider today’s still historically low interest rates and the potential tax advantage.  Consult your tax advisor regarding the deductability of interest.  By refinancing your mortgage you may be able to:

- Obtain cash to fund a child’s education or wedding
- Limit out-of-pocket expenses by financing your closing costs***

Reduce Your Mortgage Payment Or Remaining Term Of Your Loan

You may be able to lower your interest rate and reduce your monthly payments by refinancing your current mortgage. Refinancing your mortgage when rates are down may help you save hundreds of dollars every month and thousands of dollars over the life of your loan.

Our convenient refinancing calculator can help you decide whether refinancing is right for you.

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*Refinancing may increase the total number of monthly payments and/or the total amount paid when compared to your current situation. The relative benefits of these alternatives may vary over time and will depend on individual circumstances. The longer you keep the property and your loan at the new rate and term, the more interest savings may be realized when compared to your current situation.

**The relative benefits of a loan for debt consolidation depend on your individual circumstances and your actual debt payments. You will realize interest payment savings when you make monthly payments towards the new, lower interest rate loan in an amount equal to or greater than what you previously paid towards the higher rate debt(s) being consolidated.

***The relative benefits of financing closing costs by adding them into the loan balance depend on your individual circumstances and the length of time you own your home. Choosing to finance the closing costs may be beneficial if you plan to sell your home before the breakeven point. If you retain your home after the breakeven point, you will increase the total amount paid compared to paying the closing costs upfront. Discuss this analysis with your mortgage loan advisor to help you make an informed decision. Underwriting guidelines may limit the amount of closing costs which may be financed. Other restrictions apply. Ask for details.

 Contact a Specialist
For Refinance or New Purchase Mortgages
1-888-253-0799
Monday-Thursday
8:30am-7pm ET
Friday 8:30am-6pm ET
For Customer Service on an Existing Mortgage
1-800-724-2224
Monday-Friday
8:30am-8pm ET

 Quick Contact
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Complete this form to be contacted by a mortgage representative and to begin the pre-qualification process. There are no obligations or fees associated with getting pre-qualified for your M&T Mortgage.

This is not an application for credit, nor a request for pre-approval.