Home Refinancing Ithaca NY

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.

Cfcucommunity Credit Union
(607) 257-8500
1030 Craft Road
Ithaca, NY
 
M And T Bank M And T Mortgage Corporation
(607) 273-7111
118 North Tioga Street
Ithaca, NY
 
Atlantic Mortgage Banking
(607) 273-1602
320 North Aurora Street
ITHACA, NY
Services
Mortgage Brokers

Southern Tier Morigage CO
(607) 266-8800
2359 North Triphammer Road
ITHACA, NY
Services
Mortgage Brokers

Avco Financial Services of New York Inc
(607) 272-8471
401 Elmira Road
ITHACA, NY
Services
Mortgage Brokers

M & T Bank - M & T Mortgage Corporation
(607) 273-7111
118 North Tioga Street
ITHACA, NY
Services
Mortgage Brokers

Barry Scott Insurance
(607) 273-8564
409 3rd Street
Ithaca, NY
 
Cfcu Community Credit Union
(607) 257-8500
1030 Craft Rd
Ithaca, NY
 
Atlantic Title And Abstract Corporation
(607) 272-9310
320 North Aurora Street
Ithaca, NY
 
Albanese Frank Attorney
(607) 272-5212
401 East State Street Gateway Center Ste 403
Ithaca, NY
 
Opinion Corner
People in New York shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 64%
Rent: 28%
Other: 6%
The recent credit crisis seems to have affected everyone. How has it affected you?
I have lost my home: 4%
I have had to downgrade my home: 6%
I am living paycheck to paycheck: 27%
I have eliminated some of my expenses in order to keep my home: 27%
It has not affected me: 28%
Other: 5%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 11%
I have some equity in my home: 53%
I own my home outright: 15%
I have no idea: 17%
Other: 1%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 44%
I have tried but have not been successful: 22%
No: 32%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 51%
Yes, they were slightly affected: 30%
Yes, they were significantly affected/drained: 18%
Source: Survey.com