Home Refinancing Binghamton 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.

Sunset Mortgage Company Lp
(607) 231-5555
20 Hawley St
Binghamton, NY
 
Mortgageit Inc
(607) 644-9200
4104 Old Vestal Rd
Vestal, NY
 
First Priority Mortgage Inc
(607) 754-4040
3660 George F Hwy
Endicott, NY
 
NBT Bank - Customer Service & Account Information- Offices
(607) 724-6337
1256 Upper Front Street
BINGHAMTON, NY
Services
Mortgage Brokers

Homestead Funding Corp
(607) 238-1577
84 Court St
Binghamton, NY
 
Finger Lakes Real Estate Group
(607) 231-7862
201 Oakdale Rd
Johnson City, NY
 
Visions Federal Credit Union
(607) 786-2000
3301 Country Club Rd
Endwell, NY
 
IPI Skyscrpaer Mortgage
(607) 231-5626
19 Chenango Street Suite 806
BINGHAMTON, NY
Services
Mortgage Brokers

American General Financial Services
(607) 724-2441
1332 Upper Front Street
BINGHAMTON, NY
Services
Mortgage Brokers

Robar General Funding
(607) 779-1180
19 Chenango
BINGHAMTON, NY
Services
Mortgage Brokers

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