FDIC-Insured - Backed by the full faith and credit of the U.S. Government

Because it pays to bank local.

We’d like to personally invite you to experience what local community banking is all about at Park Bank. 

As Dane County’s community bank, we’re proud to serve the place we call home. When you bank with us, your money stays home, supporting Dane County’s schools, businesses, and nonprofits. Plus, you’ll always get local support, local decisions, and fast approvals from real people who understand your needs – because we live here, too. Right now, we’re offering $500 off closing costs* when you refinance your home with us. It’s our way of saying “thank you” for choosing to bank local.

 



Why refinance your mortgage loan with Park Bank?

Refinancing your mortgage can help you:

  • Lower your monthly payment and overall interest costs
  • Pay off your home more quickly with a shorter loan term
  • Tap into your home's equity to consolidate higher-cost debt

At Park Bank, you'll work with experienced mortgage advisors who take the time to understand your specific financial situation and goals. We'll help you develop a refinancing strategy that makes sense for where you are now and where you're heading next.

What is a Cash-Out Refinance?

With a Cash-Out refinance, using the equity in your home, you can replace your existing home loan with a new, larger loan, and receive the difference in cash at the time the new loan funds.

A Cash-Out refinance is a great way to consolidate debt, pay for home improvements, or simply to access extra money.
A Cash-Out refinance is a great way to consolidate debt, pay for home improvements, or simply to access extra money.

What’s the benefit of a Rate and Term Refinance?

Your monthly payment and interest rate remain constant for the life of the loan so your rate will not be impacted by market fluctuations. It may be useful if you plan on staying in your home for an extended length of time and prefer having the stability of knowing your payment will stay the same throughout the life of the loan.

Explore smart financial resources to empower your home buying journey!

Mortgage Calculator
Refinance Calculator
Worried about having enough down payment for a new home? We have options!
Start saving for your next with a flexible savings account. Explore our options and find the best fit for you!

*Rates and fees are subject to change without notice.  Loans are subject to credit approval and property approval.

Loan terms and conditions may vary based on the loan product and program.  Adequate property insurance is required. If collateral is in a Special Flood Hazard Area, adequate flood insurance is required.

Limited-time offer available for mortgage loans with another financial institution that are refinanced with Park Bank. $500 closing cost credit will be reflected on the Closing Disclosure prior to final approval. Closing costs excluded from this credit include owner's title and transfer tax fees, as well as prepaid interest or any escrow funds. Offer is subject to credit approval and may change without notice. No other discounts apply; cannot be combined with any other offer.