Thayer, MO Mortgage Rates and Refinance Rates

Mortgages in Thayer, MO: Find the best Thayer, MO mortgage rates today from banks and credit unions. When results are displayed for mortgage rates in Thayer, 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 Thayer, MO. Another option is searching for Thayer, 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 Thayer, MO mortgage rates or refinance rates.

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Thayer, Missouri Conforming Mortgage Rates and Refinance Rates

Conforming home mortgage rates in Thayer, MO are the most popular type of mortgages rates you can find advertised for home buyers in Thayer, 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. Thayer, 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 Thayer, MO banks, mortgage companies and credit unions are able to resell home mortgage loans that they make. This process also makes Thayer, MO conforming mortgage rates and refi rates lower than Thayer, MO jumbo mortgage rates and jumbo refinance rates because the GSE's can’t purchase jumbo mortgages that are made by Thayer, MO home finance companies, credit unions and banks.

Jumbo Mortgage Rates and Refinance Rates in Thayer, Missouri

Jumbo mortgage rates in Thayer, 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 Thayer, MO and adjustable mortgage rates in Thayer, MO. Interest rates are higher because third party investors buy the home loans credit unions, banks and mortgage companies in Thayer, MO make.

Thayer, Missouri Fixed Mortgage Rates and Fixed Refinance Rates

Thayer, 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.

Thayer, Missouri Adjustable Mortgage Rates

Adjustable Thayer, 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 Thayer, 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 Thayer, MO. Most adjustable mortgages in Thayer, MO have yearly caps and life time maximum caps on how high the interest rate can fluctuate.



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Thayer FDIC Insured Banks

Bank Name

FDIC Cert Number

Address

Bank of Thayer

12474 116 Chestnut Street, Thayer, MO 65791

Bank of Thayer

12474 Highways 63 And 142, Thayer, MO 65791

Great Southern Bank

29546 323 E. Walnut Street, Thayer, MO 65791