Home Refinancing Cleveland OH

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.

Real Living Mortgage LLC
(440) 356-2200
19799 Detroit Rd
Rocky River, OH
 
Real Estate Mortgage Corp
(440) 356-5363
20325 Center Ridge Rd
Rocky River, OH
 
Schmidt Mortgage Company
(440) 356-3242
20545 Center Ridge Rd Ste 250
Rocky River, OH
 
Federal Reserve Bank
(000) 000-0000
N/A
Cleveland, OH
 
Capstone Realty Advisors LLC
(216) 696-7700
1120 Chester Avenue Suite 300
Cleveland, OH
 
Huntington National Bank
(419) 893-5090
917 Euclid Ave
Cleveland, OH
 
Countrywide Bank Na
(800) 960-4219
21012 Center Ridge Rd
Rocky River, OH
 
Great Lakes Financial Group Ltd
(216) 861-1300
1020 Huron Rd E Ste 100
Cleveland, OH
 
Sunset Mortgage Company Lp
(440) 895-7000
20800 Center Ridge Rd Ste 207
Rocky River, OH
 
1st Aaa Reverse Mortgage Inc
(216) 479-6846
600 Superior Ave E Ste 1300
Cleveland, OH
 
Opinion Corner
People in Ohio shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 73%
Rent: 23%
Other: 2%
The recent credit crisis seems to have affected everyone. How has it affected you?
I have lost my home: 7%
I have had to downgrade my home: 5%
I am living paycheck to paycheck: 31%
I have eliminated some of my expenses in order to keep my home: 15%
It has not affected me: 27%
Other: 11%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 15%
I have some equity in my home: 54%
I own my home outright: 10%
I have no idea: 17%
Other: 2%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 31%
I have tried but have not been successful: 19%
No: 48%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 46%
Yes, they were slightly affected: 28%
Yes, they were significantly affected/drained: 24%
Source: Survey.com