Home Refinancing New Bedford MA

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.

Wells Fargo Bank Na
(508) 979-4982
143 Union St
New Bedford, MA
 
Castle Mortgage Brokerage Inc
(508) 995-0740
1819 Acushnet Avenue
New Bedford, MA
 
First Interstate Financial
(888) 389-9878
One Shirley Street
South Dartmouth, MA
 
Southcoast Mortgage And Investment
(508) 324-4869
875 State Rd
Westport, MA
 
Bank Of Fall River
(508) 678-7655
30 Bedford St
Fall River, MA
 
Southcoast Mortgage And Investment
(508) 717-6744
651 Orchard Street
New Bedford, MA
 
Mortgage Associates Inc
(508) 992-3400
125 Faunce Corner Rd Unit C
North Dartmouth, MA
 
The Mortgage Group Ltd
(774) 628-0075
670 State Road
North Dartmouth, MA
 
First Horizon Home Loan Corporation
(978) 646-4700
275 Martine St Ste 203
Fall River, MA
 
Select Financial Mortgage Corporation
(508) 676-8517
222 Milliken Blvd Ste 3
Fall River, MA
 
Opinion Corner
People in Massachusetts shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 57%
Rent: 38%
Other: 4%
The recent credit crisis seems to have affected everyone. How has it affected you?
I have lost my home: 10%
I have had to downgrade my home: 7%
I am living paycheck to paycheck: 32%
I have eliminated some of my expenses in order to keep my home: 27%
It has not affected me: 20%
Other: 2%
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: 63%
I own my home outright: 9%
I have no idea: 9%
Other: 6%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 32%
I have tried but have not been successful: 29%
No: 38%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 30%
Yes, they were slightly affected: 38%
Yes, they were significantly affected/drained: 30%
Source: Survey.com