Home Refinancing Albany NY

Homeowners can apply for home refinancing, meaning they can get an entirely new mortgage on their home. This can be advantageous when mortgage interest rates fall below what they were when the original mortgage was taken out. This will result in lower payments and savings over the entire life of the loan. But homeowners must meet certain criteria before they can refinance; homeowners’ credit file will be reviewed, and a title report along with a report on liens on the property will be done, among other things, when the homeowner is going through the application process.

State Employees Federal Cu
(518) 452-8234
700 Patroon Creek Blvd
Albany, NY
 
Bank Of America Na Charlotte
(518) 626-2536
69 State St Fl 4
Albany, NY
 
Credit Union Association of  New York
(800) 342-9835
PO Box 15118
Albany, NY
 
Main Line Mortgage Of S Florida Inc
(518) 435-9400
30 Corning Street
Albany, NY
 
Albany Mortgage Group Inc
(518) 435-1129
1 Marcus Blvd Ste 206
Albany, NY
 
Dormitory Authority State Of New York
(518) 257-3000
515 Broadway
Albany, NY
 
Cco Mortgage Corp
(518) 432-2274
833 Broadway
Albany, NY
 
Real Estate Mortgage Network Inc
(518) 218-3381
1510 Central Ave
Albany, NY
 
First Rate Funding Corp
(518) 452-4700
501 New Karner Rd
Albany, NY
 
Morpac Mtg Processing Assistance Ctr Inc
(518) 690-2232
453 New Karner Rd
Albany, NY
 
Opinion Corner
People in New York shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 64%
Rent: 28%
Other: 6%
The recent credit crisis seems to have affected everyone. How has it affected you?
I have lost my home: 4%
I have had to downgrade my home: 6%
I am living paycheck to paycheck: 27%
I have eliminated some of my expenses in order to keep my home: 27%
It has not affected me: 28%
Other: 5%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 11%
I have some equity in my home: 53%
I own my home outright: 15%
I have no idea: 17%
Other: 1%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 44%
I have tried but have not been successful: 22%
No: 32%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 51%
Yes, they were slightly affected: 30%
Yes, they were significantly affected/drained: 18%
Source: Survey.com