Home Refinancing Lima OH

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.

Villa Mortgage Inc
(419) 222-2400
1593 Allentown Road Unit A
Lima, OH
 
Citizens National Bank
(419) 224-0400
102 S Main St
Bluffton, OH
 
Allstate Insurance Alan W. Rachesky
(419) 222-8774
3000 Elida Road Suite 9
Lima, OH
 
Citifinancial
(419) 225-5065
2829 Elida Road
LIMA, OH
Services
Mortgage Brokers

Villa Mortgage Inc
(419) 222-2400
1511 Allentown Road
LIMA, OH
Services
Mortgage Brokers

Wells Fargo Bank Na
(419) 991-0072
825 S Cable Rd
Lima, OH
 
Chase Bank
(419) 221-5868
2400 Elida Rd
Lima, OH
Type
Drive-up

The Union Bank CO
(419) 331-3211
3211 Elida Road
LIMA, OH
Services
Mortgage Brokers

Peoples Mortgage Company Inc
(419) 224-9027
1729 Allentown Road
LIMA, OH
Services
Mortgage Brokers

Aspen 1st Realty
(419) 222-8937
1800 Allentown Road Suite B
LIMA, OH
Services
Mortgage Brokers

Opinion Corner
People in Ohio shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 73%
Rent: 23%
Other: 2%
The recent credit crisis seems to have affected everyone. How has it affected you?
I have lost my home: 7%
I have had to downgrade my home: 5%
I am living paycheck to paycheck: 31%
I have eliminated some of my expenses in order to keep my home: 15%
It has not affected me: 27%
Other: 11%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 15%
I have some equity in my home: 54%
I own my home outright: 10%
I have no idea: 17%
Other: 2%
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: 19%
No: 48%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 46%
Yes, they were slightly affected: 28%
Yes, they were significantly affected/drained: 24%
Source: Survey.com