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.

Primesource Mortgage
(970) 375-0195
121 E 10Th St
Durango, CO
 
Integrated Physical Therapy
(970) 385-0644
130 Rock Point Drive
DURANGO, CO
Services
Mortgage Brokers

M A E Financial Corporation
(970) 247-1298
835 East 2nd Avenue Suite 230
Durango, CO
 
The Home Loan Center
(970) 375-0740
329 South Camino Del Rio
DURANGO, CO
Services
Mortgage Brokers

The 1st National Bank of Durango
(970) 259-4636
259 West 9th Street
DURANGO, CO
Services
Mortgage Brokers

Lenders Association Inc
(856) 778-7500
230 E 6Th Ave
Durango, CO
 
First National Bank Of Durango
(970) 247-3020
259 W 9th St
DURANGO, CO
Services
Mortgage Brokers

Vectra Bank Mortgage Group
(970) 247-4183
1101 East 2nd Avenue
DURANGO, CO
Services
Mortgage Brokers

Colorado Federal Mortgage Corporation
(970) 247-9181
1075 Main Avenue
DURANGO, CO
Services
Mortgage Brokers

Wells Fargo Home Mortgage
(970) 259-0104
200 West College Drive
DURANGO, CO
Services
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