Home Refinancing Ames IA

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.

Global State Mortgage
(515) 233-5046
4720 Mortensen Rd Ste 106
Ames, IA
 
First State Bank Iowa
(515) 984-7100
755 W Bridge Rd
Polk City, IA
 
Wells Fargo - Ames
(515) 268-2636
3910 Lincoln Way
Ames, IA
Type
Branch
Office Hours
Mon-Thu 08:00 AM-05:30 PM
Fri 08:00 AM-06:00 PM
Sat 09:00 AM-02:00 PM
Sun Closed

US Bank - Ames North Grand Office
(515) 232-0093
2615 Grand Ave
Ames, IA
Drive Up Hours
Mon 08:30 am to 05:30 pm
Tue 08:30 am to 05:30 pm
Wed 08:30 am to 05:30 pm
Thur 08:30 am to 05:30 pm
Fri 08:30 am to 05:30 pm
Sat 09:00 am to 12:00 pm

Simplicity Mortgage Corporation
(515) 232-2900
510 South 17th Street Suite 110
AMES, IA
Services
Mortgage Brokers

Seattle Mortgage Company
(866) 984-6656
300 Crestmoor Dr
Polk City, IA
 
American Home Mortgage
(515) 232-1179
1611 South High Avenue
AMES, IA
Services
Mortgage Brokers

Citifinancial
(515) 233-0159
107 South 5th Street
AMES, IA
Services
Mortgage Brokers

First American Bank
(515) 233-2033
1530 South Duff Avenue
AMES, IA
Services
Mortgage Brokers

First Horizon Home Loans
(515) 232-2416
504 Burnett Avenue
AMES, IA
Services
Mortgage Brokers

Opinion Corner
People in Iowa shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 80%
Rent: 20%
Other: 0%
The recent credit crisis seems to have affected everyone. How has it affected you?
I have lost my home: 0%
I have had to downgrade my home: 12%
I am living paycheck to paycheck: 25%
I have eliminated some of my expenses in order to keep my home: 50%
It has not affected me: 12%
Other: 0%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 12%
I have some equity in my home: 62%
I own my home outright: 25%
I have no idea: 0%
Other: 0%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 66%
I have tried but have not been successful: 16%
No: 16%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 62%
Yes, they were slightly affected: 25%
Yes, they were significantly affected/drained: 12%
Source: Survey.com