On February 1, Town and Country Bank / Peoples Prosperity Bank merged with Heartland Bank and Trust Company and operate as branches of Heartland Bank. Heartland Bank is a wholly owned subsidiary of HBT Financial, Inc., headquartered in Bloomington, Illinois. The merging of Town and Country Bank / Peoples Prosperity Bank data into Heartland Bank systems begins at close of business on Friday, April 21. To ensure a seamless transition, your online banking, bill pay, and mobile banking services may be unavailable from April 22 until the morning of Monday, April 24.

For the most up-to-date merger information, please visit https://www.hbtbank.com/welcome. Heartland Bank is committed to ensuring a smooth transition with a minimal impact on customers. Please look for additional information in the next few months.

Refinance

Apply for Refinancing Now

There are many ways to refinance your current home loan, whether your goal is a lower monthly payment or equity cash-out. The mortgage team at Heartland Bank and Trust Company is happy to discuss your refinancing options and find a solution that puts money back in your pocket.

How Does Refinancing Work?

When you refinance your home mortgage loan, you essentially pay off the old loan and open a new one. As with any new loan, you’ll have fees associated with applying for and closing on a new mortgage. Many times, we can wrap those fees into a new loan. In order to take full advantage of refinancing, experts suggest that you intend to remain in your home for at least three more years and your new interest rate or term be lower than your current loan terms.

Types of Refinancing

Depending on your current mortgage situation and your objective, you’ll want to choose from two different types of mortgage loan refinancing.

Rate and Term Refinancing: If you’re looking for a lower interest rate or a shorter loan term, rate and term refinancing is for you. We can pay off your existing mortgage and roll the closing fees into the new loan at the current rate and loan term.

Cash-Out Refinancing: If your home’s market value exceeds the amount you owe on your current home loan, you’ve built home equity. You may be able to utilize some of that equity for home improvements, consolidation, or other purposes.

Benefits of Refinancing

Refinancing your home mortgage loan is a great way to benefit from current market conditions. If interest rates have fallen or home prices have skyrocketed in your area, you don’t have to feel stuck in your old loan. The mortgage team at Heartland Bank and Trust Company will sit down and walk through all of your refinancing options in order to find the best fit for your needs.

Why Choose Heartland Bank and Trust Company?

Heartland Bank and Trust Company is consistently among the top housing lenders in our market. That makes us the best bank to refinance your home mortgage. Locally owned and operated, we treat our clients like family and are able to originate loans in all states except California, Texas, New York, and Connecticut. Request a consultation with one of our mortgage lenders or apply online today.

Refinancing Calculator

Looking to refinance? Try our calculator today!

Mortgage Calculator

We Can Help

Heartland Bank and Trust Company serves and empowers local communities in Central Illinois and Metro East, one person at a time. Request a consultation with our local mortgage team or visit a local office today. Our friendly and attentive staff welcomes you to any of our branch locations in Springfield, Jacksonville, Lincoln, Decatur, Bloomington, Edwardsville, Fairview Heights, and Quincy.

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Meet our Mortgage Lenders

At Heartland Bank and Trust Company, you’ll work with dependable, local mortgage professionals who put years of experience to work in order to assist you in getting into the home of your dreams. Our intimate knowledge of Central Illinois real estate is essential to finding a custom mortgage loan to fit your needs.

Meet Our Team