U.S. Bank Mortgage Recast: Fee, Minimum & How to Request

Last verified July 2026 · Widely reported by third parties — not officially published

Offers recastingYes, on eligible loans

Reported feeA recast/modification fee appears on U.S. Bank's servicing fee matrix; the exact amount isn't cleanly published (widely cited ~$250). Treat the amount as unconfirmed.

Reported minimumNot published; the industry-typical ~$10,000 likely applies — confirm with U.S. Bank.

These figures are reported for planning and can change at any time. U.S. Bank's written recast agreement is what binds — confirm the current fee, minimum, seasoning, and your loan's eligibility with U.S. Bank before sending any payment.

What to know about a U.S. Bank recast

Offers a "recast modification": a large principal reduction is applied and the balance re-amortized over the remaining term at the same rate. Government loans generally not eligible.

Is your loan eligible?

Conventional (Fannie Mae / Freddie Mac) loans are usually eligible, subject to your servicer and investor.
FHA, VA and USDA government loans generally cannot be recast (re-amortization only happens inside a loss-mitigation modification, which is a different process).
Jumbo and portfolio loans vary case by case — only the servicer/investor can confirm.
Interest-only loans, Option ARMs and commercial loans are typically ineligible.

How to request a recast

Confirm your loan is current and past any seasoning period (often 2–6 on-time payments).
Contact U.S. Bank and ask for their recast/re-amortization form — most servicers require the request before or with the lump sum, so an unsolicited principal payment won't automatically recast the loan.
Make the qualifying lump-sum payment and pay any recast fee as directed.
Allow roughly 30–60 days for the new, lower payment to take effect.

See your new payment

Estimate exactly how much a lump sum would lower your payment — and whether recasting, extra principal, or refinancing costs least — in the recast calculator. New to recasting? Start with what is a mortgage recast, or compare other servicers on the lender policies page.

Frequently asked questions

Does U.S. Bank offer mortgage recasting?

Yes — U.S. Bank is reported to offer recasting on eligible loans. Offers a "recast modification": a large principal reduction is applied and the balance re-amortized over the remaining term at the same rate. Government loans generally not eligible.

How much does a U.S. Bank recast cost?

A recast/modification fee appears on U.S. Bank's servicing fee matrix; the exact amount isn't cleanly published (widely cited ~$250). Treat the amount as unconfirmed. (Widely reported by third parties — not officially published.) Recast fees industry-wide are commonly $150–$500, and a few large banks are reported fee-free. Confirm the current fee directly with U.S. Bank.

What is the minimum lump sum for a U.S. Bank recast?

Not published; the industry-typical ~$10,000 likely applies — confirm with U.S. Bank. Minimums industry-wide are usually $5,000–$10,000, sometimes about 10% of the balance. Confirm with your servicer.