Home Refinancing Joliet IL

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.

Ark-la-tex Financial Services LLC
(815) 729-9990
1260 W Jefferson St # 101
Joliet, IL
Draper And Kramer Mortgage
(312) 346-8600
2295 Essington Road Suite-C
Joliet, IL
Alternative Mortgage Options Inc
(815) 439-5710
3105 Theodore St
Joliet, IL
Universal Mortgage Corporation
(815) 729-4881
1403 Essington Rd Ste 300
Joliet, IL
Spring Mortgage Corp
(815) 609-8400
129 Capista Dr
Shorewood, IL
Dow Mortgage Company
(815) 730-9400
1600 Plainfield Rd
Joliet, IL
First Mortgage Corporation
(815) 744-2111
257 Springfield Ave Suite 101
Joliet, IL
Mortgage Mart Inc
(815) 730-4900
2708 Caton Farm Rd
Joliet, IL
Standard Bank And Trust
(815) 609-1260
970 Brook Forest Ave
Shorewood, IL
Richland Mortgage Company
(815) 886-0122
29 Normantown Road
Romeoville, IL
Opinion Corner
People in Illinois shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 73%
Rent: 20%
Other: 6%
The recent credit crisis seems to have affected everyone. How has it affected you?
I have lost my home: 3%
I have had to downgrade my home: 7%
I am living paycheck to paycheck: 45%
I have eliminated some of my expenses in order to keep my home: 17%
It has not affected me: 22%
Other: 3%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 32%
I have some equity in my home: 56%
I own my home outright: 7%
I have no idea: 3%
Other: 0%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 35%
I have tried but have not been successful: 27%
No: 37%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 43%
Yes, they were slightly affected: 33%
Yes, they were significantly affected/drained: 22%
Source: Survey.com