Home Refinancing Melbourne FL

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.

Mortgageamerica Inc
(321) 725-8200
1500 Airport Blvd
Melbourne, FL
 
East West Mortgage Company
(321) 674-0999
1900 South Harbor City Blvd
Melbourne, FL
 
Maverick Residential Mortgage Inc
(321) 752-5656
1380 Sarno Rd Ste B
Melbourne, FL
 
Amstar Mortgage Corporation
(321) 751-7887
2850 Lake Washington Rd Ste 2
Melbourne, FL
 
Riverside Home Loans Inc
(321) 726-0570
1819 Riverview Dr Ste 200
Melbourne, FL
 
First Florida State Mortgage Corporation
(321) 752-4434
2090 Sarno Road
Melbourne, FL
 
Assurance Home Loan Inc
(321) 728-0101
1829 S Harbor City Blvd
Melbourne, FL
 
Contemporary Mortgage Service
(321) 242-8806
1500 W. Eau Gallie Blvd Ste-C
Melbourne, FL
 
Associated Mortgage Of North America Inc
(321) 255-3366
476 Ballard Drive
Melbourne, FL
 
Wachovia Mortgage Corporation
(321) 723-7224
200 S Harbor City Blvd
Melbourne, FL
 
Opinion Corner
People in Florida shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 65%
Rent: 27%
Other: 7%
The recent credit crisis seems to have affected everyone. How has it affected you?
I have lost my home: 12%
I have had to downgrade my home: 2%
I am living paycheck to paycheck: 26%
I have eliminated some of my expenses in order to keep my home: 23%
It has not affected me: 27%
Other: 7%
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: 40%
I own my home outright: 14%
I have no idea: 11%
Other: 2%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 33%
I have tried but have not been successful: 31%
No: 35%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 51%
Yes, they were slightly affected: 27%
Yes, they were significantly affected/drained: 21%
Source: Survey.com