US bank mortgage
Learn more about US bank mortgage rates and compare this lender to others.
Updated April 16, 2024
NLMS: 402761
Check US bank mortgage rates
Loans offered:
Purchase, Refinance, Home Equity, Jumbo, Fixed, Adjustable, FHA, VA
Min. credit score required:
620
Min. down payment:
3%
For example, if you apply for a 15-year $400,000 mortgage with an interest rate of 6.15% and a down payment of 10% you would receive $360,000 and make 180 payments of $3,067.14. The total amount paid would be $552,084.
Information about bank
- Organisation:US bank
- Website:
- Headquarters:U.S. Bancorp Center 800 Nicollet Mall Minneapolis, MN 55402 - 7014
- Online and Mobile Banking:
- Personal Banking General:
- Checking and Savings:
- Home Mortgage:
US bank Mortgage Pros&Cons
Pros:
- Full range of loan types. US Bank offers a comprehensive selection of mortgage products, including several options that you won’t find with small lenders.
- Closing cost assistance. If your initial mortgage was with US Bank, you could get up to $1,000 in closing cost credit.
- A+ BBB rating. An A+ Better Business Bureau (BBB) rating indicates that US Bank is a trustworthy mortgage lender, scoring highly on customer satisfaction, honest advertising and transparent business practices.
Cons:
- No USDA loans. Many will find US Bank’s lack of a USDA loan disappointing.
- Customized rates require more effort. You won’t know your rates until you contact a mortgage loan officer.