Home Refinancing Mcallen TX

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.

Security First Federal Credit Union
(956) 687-6141
3700 N 12Th
Mcallen, TX
 
Ark-la-tex Financial Services LLC
(956) 227-1472
109 S 17Th St # 201
Mcallen, TX
 
International Bank Of Commerce
(210) 686-0263
One South Broadway
Mcallen, TX
 
Inter National Bank
(956) 664-8400
1801 S 2Nd Street
Mcallen, TX
 
Maverick Residential Mortgage Inc
(956) 702-3655
1510 N Jackson Rd
Pharr, TX
 
Valley Mortgage Company Inc
(956) 631-8161
612 Nolana #210
Mcallen, TX
 
Rio Bank
(956) 631-7890
1655 North 23Rd
Mcallen, TX
 
Primary Residential Mortgage Inc
(956) 664-8161
804 Pecan Blvd
Mcallen, TX
 
Cnm Brokers Inc
(956) 683-0101
4316 N 10Th St
Mcallen, TX
 
Lone Star National Bank
(956) 661-0899
4500 N 10Th St Ste 305
Mcallen, TX
 
Opinion Corner
People in Texas shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 65%
Rent: 31%
Other: 3%
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: 2%
I am living paycheck to paycheck: 40%
I have eliminated some of my expenses in order to keep my home: 20%
It has not affected me: 32%
Other: 4%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 12%
I have some equity in my home: 51%
I own my home outright: 16%
I have no idea: 17%
Other: 2%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 29%
I have tried but have not been successful: 25%
No: 45%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 42%
Yes, they were slightly affected: 32%
Yes, they were significantly affected/drained: 24%
Source: Survey.com