Home Refinancing Duluth MN

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.

Western National Bank Duluth
(218) 723-1000
202 W Superior St
Duluth, MN
 
Summit Mortgage Corp
(218) 722-2127
207 W Superior St
Duluth, MN
 
New Equity Financial Corp
(866) 450-0835
3925 Rockview Ct
Duluth, MN
 
W J Bradley Mortgage Capital Corp
(218) 206-2338
1330 E Superior St Ste A-B
Duluth, MN
 
Centennial Mortgage And Funding Inc
(218) 724-6250
1402 East 1st Street
Duluth, MN
 
Republic Bank
(218) 722-3445
306 West Superior Street
Duluth, MN
 
North Shore Bank Of Commerce
(218) 722-5966
125 W Superior St Skywalk Leve
Duluth, MN
 
State Bank Of Tower
(218) 878-7979
712 Highway 33 S
Cloquet, MN
 
Apollo Home Mortgage
(218) 725-9000
1330 East Superior Street
DULUTH, MN
Services
Mortgage Brokers

National Bank Of Commerce Duluth
(218) 730-0277
1314 East Superior Street
Duluth, MN
 
Opinion Corner
People in Minnesota shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 57%
Rent: 40%
Other: 2%
The recent credit crisis seems to have affected everyone. How has it affected you?
I have lost my home: 5%
I have had to downgrade my home: 5%
I am living paycheck to paycheck: 40%
I have eliminated some of my expenses in order to keep my home: 10%
It has not affected me: 35%
Other: 5%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 42%
I have some equity in my home: 15%
I own my home outright: 15%
I have no idea: 21%
Other: 5%
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: 18%
No: 50%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 40%
Yes, they were slightly affected: 25%
Yes, they were significantly affected/drained: 35%
Source: Survey.com