Home Refinancing Durango CO

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.

Lenders Association Inc
(856) 778-7500
230 E 6Th Ave
Durango, CO
Bank Of The San Juans Durango
(970) 247-1818
144 East 8th Street
Durango, CO
M A E Financial Corporation
(970) 247-1298
835 East 2nd Avenue Suite 230
Durango, CO
Bank Of Colorado Mortgage Services
(970) 259-9700
1199 Main Avenue
Durango, CO
Prime Source Mortgage
(970) 375-0195
121 East 10th Street
Mortgage Brokers

Primesource Mortgage
(970) 375-0195
121 E 10Th St
Durango, CO
Vantage Point Mortgage
(970) 382-0820
185 Suttle Street Suite 101A
Mortgage Brokers

American Mountain Mortgage
(970) 385-9846
848 East 2nd Avenue
Mortgage Brokers

Mountain West Insurance
(970) 259-8082
515 E College Dr
Durango, CO
Animas Mountain Mortgage
(970) 385-0688
555 Rivergate
Mortgage Brokers

Opinion Corner
People in Colorado shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 71%
Rent: 28%
Other: 0%
The recent credit crisis seems to have affected everyone. How has it affected you?
I have lost my home: 8%
I have had to downgrade my home: 0%
I am living paycheck to paycheck: 47%
I have eliminated some of my expenses in order to keep my home: 17%
It has not affected me: 21%
Other: 4%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 28%
I have some equity in my home: 57%
I own my home outright: 4%
I have no idea: 9%
Other: 0%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 45%
I have tried but have not been successful: 35%
No: 20%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 26%
Yes, they were slightly affected: 30%
Yes, they were significantly affected/drained: 43%
Source: Survey.com