Festus, MO Mortgage Rates and Refinance Rates

Mortgages in Festus, MO: Find the best Festus, MO mortgage rates today from banks and credit unions. When results are displayed for mortgage rates in Festus, MO, you can easily sort your search results by lender, rate, APR and points so you can easily compare results. Whether you’re looking for conforming, jumbo, adjustable or interest-only mortgage rates in Festus, MO. Another option is searching for Festus, MO refinance rates if you're looking to refinance a loan. Best of all you don't have to provide any personal information to see a list of Festus, MO mortgage rates or refinance rates.

Search and Compare Festus, MO Mortgage Rates & Refinance Rates

Festus, Missouri Conforming Mortgage Rates and Refinance Rates

Conforming home mortgage rates in Festus, MO are the most popular type of mortgages rates you can find advertised for home buyers in Festus, MO. Conforming mortgages, also known as conventional mortgages, are mortgages that meet certain criteria set out by Federal Housing Finance Agency (FHFA). There is a loan limit set for each county in the United States. Higher mortgage loan limits are set for high housing cost areas. Festus, MO mortgages that 'conform' to the standards set out by the Federal Housing Finance Agency can be purchased by government sponsored entities (GSE) like Freddie Mac and Fannie Mae. This process guarantees Festus, MO banks, mortgage companies and credit unions are able to resell home mortgage loans that they make. This process also makes Festus, MO conforming mortgage rates and refi rates lower than Festus, MO jumbo mortgage rates and jumbo refinance rates because the GSE's can’t purchase jumbo mortgages that are made by Festus, MO home finance companies, credit unions and banks.

Jumbo Mortgage Rates and Refinance Rates in Festus, Missouri

Jumbo mortgage rates in Festus, MO are advertised for home loans that have a dollar amount that is higher than conventional loan amounts. Jumbo mortgage rates and jumbo refinance rates are always higher than conventional mortgage rates for both fixed mortgage rates in Festus, MO and adjustable mortgage rates in Festus, MO. Interest rates are higher because third party investors buy the home loans credit unions, banks and mortgage companies in Festus, MO make.

Festus, Missouri Fixed Mortgage Rates and Fixed Refinance Rates

Festus, MO fixed rate mortgages are the most common mortgage available to borrowers. With a fixed mortgage the interest rate stays the same for the entire loan period. Fixed mortgages are available in 40 years, 30 years, 20 years, 15 years and 10 years. The longer the mortgage term the lower the monthly mortgage payment will be.

Festus, Missouri Adjustable Mortgage Rates

Adjustable Festus, MO mortgage rates are fixed for a period of time and then the mortgage rate adjusts every year after. The most common adjustable mortgages terms available in Festus, MO are 1 year, 3 year, 5year and 7 year. Adjustable rate mortgages are advertised as 1 year, 3/1, 5/1 and 7/1. Adjustable mortgages are available for conforming dollar amounts and jumbo dollar amounts in Festus, MO. Most adjustable mortgages in Festus, MO have yearly caps and life time maximum caps on how high the interest rate can fluctuate.

Google Map for Festus, MO Rates & Resources

Festus FDIC Insured Banks

Bank Name

FDIC Cert Number


Bank of America, National Association

3510 998 East Gannon Drive, Festus, MO 63028

Bank Star of the LeadBelt

16107 650 South Truman Boulevard, Festus, MO 63028

Bank Star of the LeadBelt

16107 Highway A And Collins Road, Festus, MO 63028

Commerce Bank, National Association

24998 101 South Main Street, Festus, MO 63028

Commerce Bank, National Association

24998 2105 Highway 61-67 North, Festus, MO 63028

Eagle Bank and Trust Company of Missouri

17691 680 South Mill Street, Festus, MO 63028

Midwest Regional Bank

8889 363 Festus Centre Drive, Festus, MO 63028