Refinancing
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ADDITIONAL INFORMATION
- Schedule a personal consultation
- Download a Mortgage Lending Application (requires Adobe Acrobat reader)
- See our Lending Policy
| Description | Details | |
|---|---|---|
| Refinance | The repayment of a debt from the proceeds of a new loan using the same property as security — usually with the goal of reducing monthly payments and/or interest paid over the life of the loan |
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| Cash-Back Refinancing | Borrowing against a home you own outright to refinance an existing mortgage — and take out cash at the time of closing (maximum of 80% of appraised home value) |
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IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT Amarillo National Bank complies with section 326 of the USA PATRIOT Act. Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account such as name, address, date of birth and taxpayer identification. We may ask to see your driver's license or other identifying documents.
