Home Refinancing Monroe LA

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.

Community Trust Bank
(318) 998-4617
1800 Hudson Lane
Monroe, LA
 
Ouachita Independent Bank
(318) 338-3000
909 North 18Th Street
Monroe, LA
 
Assurance Financial Group LLC
(888) 881-4919
1215 Cypress St
West Monroe, LA
 
Richland State Bank
(318) 728-9413
724 Louisa Street
Rayville, LA
 
Ouachita Independent Bank
(318) 410-5500
909 N 18Th St Ste 110
Monroe, LA
 
Progressive Bank
(318) 651-5055
1411 N 19Th St
Monroe, LA
 
Freedom Mortgage Corporation
(318) 324-5642
101 Crosley Street
West Monroe, LA
 
Progressive Bank
(318) 651-5155
3421 Cypress Street
West Monroe, LA
 
Progressive Bank Loans Home Mortgage Loans West Monroe
(318) 651-5155
3421 Cypress Street
Monroe, LA
 
Tower Loan Monroe
(318) 387-2971
1345 Louisville Avenue
Monroe, LA
 
Opinion Corner
People in Louisiana shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 44%
Rent: 41%
Other: 13%
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: 53%
I have eliminated some of my expenses in order to keep my home: 7%
It has not affected me: 38%
Other: 0%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 0%
I have some equity in my home: 46%
I own my home outright: 23%
I have no idea: 30%
Other: 0%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 30%
I have tried but have not been successful: 30%
No: 40%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 58%
Yes, they were slightly affected: 25%
Yes, they were significantly affected/drained: 16%
Source: Survey.com