Home Refinancing Lexington KY

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.

Mortgage Bankers Association of the Bluegrass
P.O. Box 1054
Lexington, KY
 
First Federal Bank
(859) 253-2605
110 West Vine St
Lexington, KY
 
Bank Of The Bluegrass And Tr
(859) 233-4500
101 E High St
Lexington, KY
 
Mymortgagepro LLC
(859) 293-0411
1084 E New Circle Rd Ste 200
Lexington, KY
 
Resources Ed & Assistance Community Hsg
(859) 455-8057
733 Red Mile Rd
Lexington, KY
 
Central Bank And Trust Co
(606) 253-6217
Kincaid Towers
Lexington, KY
 
Msi Lending Inc
(859) 253-5363
271 W Short St Ste 202
Lexington, KY
 
Branch Banking And Trust Co
(859) 253-6903
360 E Vine St
Lexington, KY
 
Direct Lending Inc
(859) 224-0883
365 Waller Ave Ste 220
Lexington, KY
 
First Financial Mortgage Corp Inc
(859) 389-7927
1218 S Broadway Ste 375
Lexington, KY
 
Opinion Corner
People in Kentucky shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 50%
Rent: 40%
Other: 10%
The recent credit crisis seems to have affected everyone. How has it affected you?
I have lost my home: 0%
I have had to downgrade my home: 0%
I am living paycheck to paycheck: 60%
I have eliminated some of my expenses in order to keep my home: 10%
It has not affected me: 30%
Other: 0%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 40%
I have some equity in my home: 50%
I own my home outright: 10%
I have no idea: 0%
Other: 0%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 11%
I have tried but have not been successful: 22%
No: 66%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 30%
Yes, they were slightly affected: 50%
Yes, they were significantly affected/drained: 20%
Source: Survey.com