Home Refinancing Cleveland TN

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.

Bank Of Cleveland
(423) 478-5656
75 1St St Nw
Cleveland, TN
 
Southern Heritage Bank
(423) 473-7980
2530 Dalton Pike
Cleveland, TN
 
U S A Mortgage Inc
(423) 478-3115
4035 Keith St Nw
Cleveland, TN
 
Countrywide Bank Na
(800) 960-4219
1606 Gunbarrel Rd Ste 101
Chattanooga, TN
 
United Capital Inc
(423) 899-2230
6025 Lee Highway Suite 203
Chattanooga, TN
 
The-bank-first Citizens Bank
(423) 478-8641
2305 Keith St Nw
Cleveland, TN
 
United Community Banks Inc
(423) 559-2696
3372 Keith St Nw
Cleveland, TN
 
Advantage Financial Services Corp
(423) 396-2325
9325 Apison Pike
Ooltewah, TN
 
Metrocities Mortgage LLC
(423) 648-0700
6111 Shallowford Rd Ste 105
Chattanooga, TN
 
American Acceptance Mtg Inc
(423) 899-6898
7010 Mccutcheon Rd
Chattanooga, TN
 
Opinion Corner
People in Tennessee shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 65%
Rent: 30%
Other: 4%
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: 6%
I am living paycheck to paycheck: 40%
I have eliminated some of my expenses in order to keep my home: 6%
It has not affected me: 40%
Other: 6%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 0%
I have some equity in my home: 73%
I own my home outright: 0%
I have no idea: 20%
Other: 6%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 42%
I have tried but have not been successful: 21%
No: 35%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 57%
Yes, they were slightly affected: 28%
Yes, they were significantly affected/drained: 14%
Source: Survey.com