Home Refinancing Auburn AL

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.

Auburnbank
(334) 887-2153
100 North Gay Street
Auburn, AL
 
Wachovia Mortgage Corporation
(334) 887-4437
307 N Gay St
Auburn, AL
 
University Agency Inc
(334) 887-6569
611 East Glenn Avenue Suite B
Auburn, AL
 
Colonial Bank Banking Offices East University Dr
(334) 502-0015
2124 East University Drive
Auburn, AL
 
Auburnbank
(334) 887-2153
100 N Gay St
Auburn, AL
 
Charterbank
(334) 887-2210
165 East Magnolia Avenue
Auburn, AL
 
America One Finance Inc
(334) 727-9669
608 Dibble St Ste 1
Tuskegee, AL
 
Primary Capital Advisors Llc
(334) 707-1703
861 N Dean Rd
Auburn, AL
 
American General Financial Services
(334) 826-8940
323 Airport Road
AUBURN, AL
Services
Mortgage Brokers

Allied Home Mortgage Capitol Corporation
(334) 501-6644
1702 Catherine Court
AUBURN, AL
Services
Mortgage Brokers

Opinion Corner
People in Alabama shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 70%
Rent: 30%
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: 21%
I am living paycheck to paycheck: 28%
I have eliminated some of my expenses in order to keep my home: 28%
It has not affected me: 21%
Other: 0%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 7%
I have some equity in my home: 71%
I own my home outright: 7%
I have no idea: 14%
Other: 0%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 30%
I have tried but have not been successful: 38%
No: 30%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 50%
Yes, they were slightly affected: 14%
Yes, they were significantly affected/drained: 35%
Source: Survey.com