Home Refinancing Dothan AL

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.

Colonial Bank
(334) 678-7348
1962 West Main Street
Dothan, AL
 
Synovus Mortgage Corp
(334) 673-8801
3680 W Main St
Dothan, AL
 
American Mortgage Group Inc
(334) 671-1500
865-3 Honey Suckle Road
Dothan, AL
 
Mortgageamerica Inc
(334) 712-9170
3230 Ross Clark Circle Suite 1
Dothan, AL
 
Wachovia Mortgage Corporation
(334) 793-0799
2999 Ross Clark Cir
Dothan, AL
 
Alethes LLC
(334) 836-0963
256 Honeysuckle Rd Ste 18
Dothan, AL
 
Amsouth Bank
(334) 792-0006
2872 W Main St
Dothan, AL
 
Midsouth Bank Na
(334) 702-7774
2526 West Main Street
Dothan, AL
 
P G A Mortgage Co LLC
(334) 699-5863
1609 W Main St Ste 203
Dothan, AL
 
Aaa Worldwide Financial Company
(888) 300-7107
2015 Stonewood Dr
Dothan, AL
 
Opinion Corner
People in Alabama shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 70%
Rent: 30%
Other: 0%
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: 21%
I am living paycheck to paycheck: 28%
I have eliminated some of my expenses in order to keep my home: 28%
It has not affected me: 21%
Other: 0%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 7%
I have some equity in my home: 71%
I own my home outright: 7%
I have no idea: 14%
Other: 0%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 30%
I have tried but have not been successful: 38%
No: 30%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 50%
Yes, they were slightly affected: 14%
Yes, they were significantly affected/drained: 35%
Source: Survey.com