Home Refinancing Lynchburg VA

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.

Virginia Credit Union League
(800) 768-3344
PO Box 11469
Lynchburg, VA
 
First Horizon Home Loan Corporation
(434) 237-6015
104 Tradewynd Dr
Lynchburg, VA
 
Bank Of The James
(434) 534-8090
615 Church St
Lynchburg, VA
 
Blue Ridge Mortgage LLC
(804) 806-1300
916 Main Street Suite 400
Lynchburg, VA
 
Atlantic Bay Mortgage Group LLC
(434) 237-8581
302 Enterprise Dr
Forest, VA
 
Suntrust Mortgage Inc
(804) 847-2342
3723 Old Forest Road
Lynchburg, VA
 
Mortgage Atlantic Inc
(804) 239-1850
5604 Fort Ave
Lynchburg, VA
 
Branch Banking And Trust Co
(434) 948-1236
925 Main St
Lynchburg, VA
 
Weststar Mortgage Corp Inc
(434) 252-0200
15421 Forest Rd
Forest, VA
 
Mortgage Atlantic Inc
(434) 946-7770
192 South Main Street
Amherst, VA
 
Opinion Corner
People in Virginia shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 60%
Rent: 30%
Other: 9%
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: 40%
I have eliminated some of my expenses in order to keep my home: 12%
It has not affected me: 40%
Other: 8%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 8%
I have some equity in my home: 60%
I own my home outright: 8%
I have no idea: 24%
Other: 0%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 43%
I have tried but have not been successful: 21%
No: 34%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 58%
Yes, they were slightly affected: 29%
Yes, they were significantly affected/drained: 12%
Source: Survey.com