Home Refinancing Ann Arbor MI

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.

First Capital Mortgage Corp
(734) 821-0270
2144 South State Street Ste-B
Ann Arbor, MI
 
Premier Mortgage Funding Inc
(734) 332-8825
310 Miller Avenue Ste.M310C4
Ann Arbor, MI
 
Signature Mortgage Services Cor
(734) 971-1010
2750 Carpenter Rd Ste 5
Ann Arbor, MI
 
Huron Valley Financial Inc
(734) 669-8000
315 E Eisenhower Suite 7
Ann Arbor, MI
 
Hargrow & Associates Inc
(734) 662-4989
3135 South State St Ste 202
Ann Arbor, MI
 
First Financial Services Inc
(248) 586-9999
1026 South Main Street
Ann Arbor, MI
 
Gmac Mortgage LLC
(734) 913-6055
2800 State Plaza
Ann Arbor, MI
 
Flagstar Bank Fsb
(734) 434-6603
4755 Washtenaw Avenue
Ann Arbor, MI
 
Abn Amro Mortgage Group Inc
(888) 226-4097
6300 Interfirst Dr
Ann Arbor, MI
 
Universal Mortgage Corp
(734) 623-0843
3001 Plymouth Rd
Ann Arbor, MI
 
Opinion Corner
People in Michigan shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 59%
Rent: 29%
Other: 10%
The recent credit crisis seems to have affected everyone. How has it affected you?
I have lost my home: 7%
I have had to downgrade my home: 10%
I am living paycheck to paycheck: 30%
I have eliminated some of my expenses in order to keep my home: 25%
It has not affected me: 27%
Other: 0%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 41%
I have some equity in my home: 30%
I own my home outright: 19%
I have no idea: 8%
Other: 0%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 34%
I have tried but have not been successful: 34%
No: 31%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 46%
Yes, they were slightly affected: 33%
Yes, they were significantly affected/drained: 20%
Source: Survey.com