Home Refinancing Fall River MA

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.

Fall River Five Cents Savings Bank
(774) 888-6100
79 North Main Street
Fall River, MA
 
Lafayette Federal Savings Bank
(508) 679-1961
60 Bedford St
Fall River, MA
 
Bank Of Fall River
(508) 678-7655
30 Bedford St
Fall River, MA
 
One Mortgage Network Inc
(800) 736-1642
2430 Riverside Ave
Somerset, MA
 
Jp Mortgage Group LLC
(508) 676-5777
544 Milford Rd
Swansea, MA
 
Select Financial Mortgage Corporation
(508) 676-8517
222 Milliken Blvd Ste 3
Fall River, MA
 
First Horizon Home Loan Corporation
(978) 646-4700
275 Martine St Ste 203
Fall River, MA
 
Gmac Mortgage LLC
(508) 679-9003
101 Sullivan Drive
Fall River, MA
 
Peoples Mortgage Corporation
(508) 235-1650
330 Swansea Mall Dr
Swansea, MA
 
Columbus Credit Union
(401) 245-3800
560 Main Street
Warren, RI
 
Opinion Corner
People in Massachusetts shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 57%
Rent: 38%
Other: 4%
The recent credit crisis seems to have affected everyone. How has it affected you?
I have lost my home: 10%
I have had to downgrade my home: 7%
I am living paycheck to paycheck: 32%
I have eliminated some of my expenses in order to keep my home: 27%
It has not affected me: 20%
Other: 2%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 12%
I have some equity in my home: 63%
I own my home outright: 9%
I have no idea: 9%
Other: 6%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 32%
I have tried but have not been successful: 29%
No: 38%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 30%
Yes, they were slightly affected: 38%
Yes, they were significantly affected/drained: 30%
Source: Survey.com