Home Refinancing Lakeville MN

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.

Dhi Mortgage Company Ltd
(925) 985-7850
20860 Kenbridge Ct Ste 120
Lakeville, MN
 
Countrywide Home Loans Inc
(952) 997-5655
7672 160Th St
Lakeville, MN
 
Provincial Bank
(612) 469-2265
20280 Iberia Avenue
Lakeville, MN
 
Metrocities Mortgage LLC
(952) 746-9700
10511 165Th St W
Lakeville, MN
 
Brier Mortgage Corporation
(952) 746-9000
3201 County Road 42 W Ste 102
Burnsville, MN
 
Freedom Banc Mortgage Services Inc
(925) 985-5158
20329 Islandview Cicle
Lakeville, MN
 
Summit Mortgage Corp
(952) 892-9900
10603 165Th St W
Lakeville, MN
 
First State Mortgage Corp
(952) 241-4200
10527 165Th St W
Lakeville, MN
 
Definitive Mortgage Associates LLC
(651) 460-8201
5437 212Th St W Ste 200
Farmington, MN
 
Guardian Mortgage LLC
(952) 846-4622
2999 West Count Rd 42 Ste 150
Burnsville, MN
 
Opinion Corner
People in Minnesota shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 57%
Rent: 40%
Other: 2%
The recent credit crisis seems to have affected everyone. How has it affected you?
I have lost my home: 5%
I have had to downgrade my home: 5%
I am living paycheck to paycheck: 40%
I have eliminated some of my expenses in order to keep my home: 10%
It has not affected me: 35%
Other: 5%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 42%
I have some equity in my home: 15%
I own my home outright: 15%
I have no idea: 21%
Other: 5%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 31%
I have tried but have not been successful: 18%
No: 50%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 40%
Yes, they were slightly affected: 25%
Yes, they were significantly affected/drained: 35%
Source: Survey.com