Home Refinancing Brookings SD

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 Bank And Trust
(605) 696-2274
424 5Th St
Brookings, SD
 
Wells Fargo Home Mortgage Inc
(605) 692-2759
527 Main Avenue
BROOKINGS, SD
Services
Mortgage Brokers

Metabank
(605) 692-2314
600 Main Avenue
BROOKINGS, SD
Services
Mortgage Brokers

Home Federal Bank
(605) 692-7100
1024 6th Street
BROOKINGS, SD
Services
Mortgage Brokers

Wells Fargo - Brookings
(605) 692-6245
527 Main Ave
Brookings, SD
Type
Branch
Office Hours
Mon-Fri 07:45 AM-06:00 PM
Sat 09:00 AM-01:00 PM
Sun Closed

Bankfirst
(605) 692-8600
425 22nd Avenue South
BROOKINGS, SD
Services
Mortgage Brokers

Bankstar Financial Brookings Office
(605) 692-3636
510 Main Avenue
Brookings, SD
 
Bankstar Financial - Brookings Office
(605) 692-3636
510 Main Avenue
BROOKINGS, SD
Services
Mortgage Brokers

First Bank And Trust
(605) 696-2274
520 6Th St
Brookings, SD
 
Brookings County Abstract Co
(605) 692-5724
627 5th Avenue
Brookings, SD
 
Opinion Corner
People in South Dakota shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 100%
Rent: 0%
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: 25%
I am living paycheck to paycheck: 25%
I have eliminated some of my expenses in order to keep my home: 0%
It has not affected me: 50%
Other: 0%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 33%
I have some equity in my home: 66%
I own my home outright: 0%
I have no idea: 0%
Other: 0%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 33%
I have tried but have not been successful: 33%
No: 33%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 66%
Yes, they were slightly affected: 0%
Yes, they were significantly affected/drained: 33%
Source: Survey.com