Home Refinancing Chesapeake VA

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.

1st Atlas Mortgage & Investment Corp
(757) 639-5626
927 N Battlefield Blvd Ste 100
Chesapeake, VA
 
Old Dominion Home Loans LLC
(757) 333-6975
1108 Eden Way N
Chesapeake, VA
 
Home Loan Corporation
(757) 547-8500
2005 Old Greenbrier Rd Ste 101
Chesapeake, VA
 
Fairfax Mortgage Investment Inc
(757) 424-3800
1157 S Military Hwy Ste 103
Chesapeake, VA
 
Advance Mortgage
(757) 436-6331
1428 A Kempsville Road
Chesapeake, VA
 
Virginia Mortgage Lenders Association
(757) 473-2160
638 Independence Parkway Suite 100
Chesapeake, VT
 
Freedom Mortgage Corporation
(757) 410-0018
1104 Madison Plz Ste 104
Chesapeake, VA
 
Monarch Home Funding
(757) 222-2149
750 Volvo Pkwy
Chesapeake, VA
 
First Horizon Home Loan Corporation
(757) 222-1234
1305 Executive Blvd Ste 100
Chesapeake, VA
 
First Greensboro Home Equity Inc
(757) 420-5544
1403 Greenbrier Pkwy Ste 465
Chesapeake, VA
 
Opinion Corner
People in Virginia shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 60%
Rent: 30%
Other: 9%
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: 0%
I am living paycheck to paycheck: 40%
I have eliminated some of my expenses in order to keep my home: 12%
It has not affected me: 40%
Other: 8%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 8%
I have some equity in my home: 60%
I own my home outright: 8%
I have no idea: 24%
Other: 0%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 43%
I have tried but have not been successful: 21%
No: 34%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 58%
Yes, they were slightly affected: 29%
Yes, they were significantly affected/drained: 12%
Source: Survey.com