Home Refinancing Cookeville 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 Putnam County
(931) 528-5441
140 So Jefferson Avenue
Cookeville, TN
 
Guaranty Mortgage Services LLC
(931) 526-9942
312 E Broad St
Cookeville, TN
 
Financial Services Group
(931) 526-7696
340 Reagan Street
COOKEVILLE, TN
Services
Mortgage Brokers

American General Financial Services
(931) 528-5095
370 South Lowe Avenue
COOKEVILLE, TN
Services
Mortgage Brokers

Union Planters Bank - Up Insurance Agency- Up Brokerage- Main Office
(931) 526-2181
10 West Broad Street
COOKEVILLE, TN
Services
Mortgage Brokers

Amsouth Bank
(931) 372-6615
105 S Willow Ave
Cookeville, TN
 
First Horizon Home Loan Corporation
(931) 528-2561
345 S Jefferson Ave Ste 303
Cookeville, TN
 
Union Planters Bank Up Insurance Agency Up Brokerage Main Office
(931) 526-2181
10 West Broad Street
Cookeville, TN
 
Mortgage Investors Group
(931) 526-9496
120 S Jefferson Ave Ste A
Cookeville, TN
 
Cumberland Mortgage & Loan CO
(931) 498-4355
220 Thorne Lane
COOKEVILLE, TN
Services
Mortgage Brokers

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