Home Refinancing Madison WI

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.

Wisconsin Hsng And Econ Dev Auth
(608) 266-0191
201 W Washington Suite 700
Madison, WI
 
Wisconsin Mortgage Bankers Association
(608) 255-4180
PO Box 1606
Madison, WI 
 
Wisconsin Association of Mortgage Brokers
(608) 259-9262
16 North Carroll Street, #900
Madison, WI
 
Financial Freedom Senior Funding Corp
(800) 860-6983
910 Arden Ln
Madison, WI
 
Countrywide Home Loans Inc
(608) 232-0153
601 N Whitney Way
Madison, WI
 
Integrity Mortgage Inc
(608) 257-6490
7 N Pinckney St Ste 350
Madison, WI
 
State Of Wisconsin Inv Board
(608) 266-3778
121 East Wilson Street
Madison, WI
 
Anchor Savings
(608) 252-8813
25 West Main Street
Madison, WI
 
M And I Marshall And Ilsley Bank
(608) 231-5692
401 N Segoe Rd
Madison, WI
 
Producers Mortgage Corporation
(563) 252-9177
4710 E Broadway
Madison, WI
 
Opinion Corner
People in Wisconsin shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 68%
Rent: 32%
Other: 0%
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: 0%
I am living paycheck to paycheck: 35%
I have eliminated some of my expenses in order to keep my home: 17%
It has not affected me: 41%
Other: 0%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 31%
I have some equity in my home: 43%
I own my home outright: 0%
I have no idea: 25%
Other: 0%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 50%
I have tried but have not been successful: 25%
No: 25%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 47%
Yes, they were slightly affected: 23%
Yes, they were significantly affected/drained: 29%
Source: Survey.com