Home Refinancing Cedar Rapids 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.

Cedar Rapids Bank And Trust Company
(319) 862-2728
500 1St Ave Ne
Cedar Rapids, IA
 
Concord Mortgage Company
(319) 396-9400
311 3Rd Ave Se Ste 400
Cedar Rapids, IA
 
American Home Mortgage Corp
(319) 365-1666
3053 Center Point Rd Ne
Cedar Rapids, IA
 
Linn Area Credit Union
(319) 378-0101
3015 Blairs Ferry Road Ne
Cedar Rapids, IA
 
United Security Savings Bank
(319) 363-0261
1211 Edgewood Road Sw
Cedar Rapids, IA
 
Us Bank Na
(315) 368-4275
222 Second Ave. Se
Cedar Rapids, IA
 
Countrywide Home Loans Inc
(319) 377-9445
1190 Twixt Town Rd Ne #2
Cedar Rapids, IA
 
Mat Group Lc
(319) 294-5320
1930 Saint Andrews Ct Ne
Cedar Rapids, IA
 
First Choice Mortgage Inc
(319) 378-0120
373 Collins Road Ne Suite-209
Cedar Rapids, IA
 
Abc Mortgage Inc
(319) 294-0543
375 Collinas Road Ne Ste 109
Cedar Rapids, IA
 
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