Home Refinancing Columbia MD

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.

Presidential Bank Fsb
(410) 772-9555
10450 Shaker Dr Ste 208
Columbia, MD
 
Equity United Mortgage Corporation
(410) 772-1113
8808 Centre Park Dr Ste 302
Columbia, MD
 
First Horizon Home Loan Corporation
(410) 964-0497
10440 Little Patuxent Pkwy # 5
Columbia, MD
 
Chesapeake Mortgage Services Inc
(800) 997-8003
8808 Centre Park Dr Ste 301
Columbia, MD
 
Bnc Mortgage Inc
(410) 312-0188
8850 Stanford Blvd Ste 3500
Columbia, MD
 
Mortgage Associates Inc
(410) 772-0001
10320 L Patuxent Pkwy Ste 808
Columbia, MD
 
Countrywide Home Loans Inc
(410) 312-0791
6750 Alexander Bell Dr Ste 310
Columbia, MD
 
Beazer Mortgage Corporation
(301) 310-0626
8965 Guilford Rd Ste 290
Columbia, MD
 
Sandy Spring Bank
(800) 869-8523
9112 Guilford Road Suite 2
Columbia, MD
 
Novastar Mortgage Inc
(301) 362-1700
7070 Samuel Morse Dr
Columbia, MD
 
Opinion Corner
People in Maryland shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 59%
Rent: 36%
Other: 4%
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: 0%
I am living paycheck to paycheck: 23%
I have eliminated some of my expenses in order to keep my home: 38%
It has not affected me: 30%
Other: 0%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 16%
I have some equity in my home: 66%
I own my home outright: 0%
I have no idea: 16%
Other: 0%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 75%
I have tried but have not been successful: 16%
No: 8%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 61%
Yes, they were slightly affected: 15%
Yes, they were significantly affected/drained: 23%
Source: Survey.com