Home Refinancing Newark NJ

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.

First Prestige Mortgage Services
(973) 877-0940
45 Academy Street Suite
Newark, NJ
 
First West Mortgage Bank Ltd
(800) 462-8178
744 Broad St Ste 1600
Newark, NJ
 
Countrywide Home Loans Inc
(973) 642-0232
60 Park Place Lane#100
Newark, NJ
 
City National Bank Of Nj
(201) 624-0865
900 Broad Street
Newark, NJ
 
Mortgage Plus Inc
(973) 817-7000
41-51 Wilson Avenue Ste C2
Newark, NJ
 
Residential Lending Services Inc
(973) 624-7380
60 Park Place 11Th Floor
Newark, NJ
 
Veterans Admin Deptm Vets Affairs
(201) 645-3470
20 Washingnton Place
Newark, NJ
 
Prudential Huntoon Paige Assc Ltd
(973) 367-3369
100 Mulberry St Fl 8
Newark, NJ
 
Penn Federal Savings Bank
(201) 669-7366
36 Ferry St.
Newark, NJ
 
Eastern American Mortgage Co
(973) 522-0094
339 Lafayette Street
Newark, NJ
 
Opinion Corner
People in New Jersey shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 59%
Rent: 32%
Other: 7%
The recent credit crisis seems to have affected everyone. How has it affected you?
I have lost my home: 6%
I have had to downgrade my home: 6%
I am living paycheck to paycheck: 36%
I have eliminated some of my expenses in order to keep my home: 18%
It has not affected me: 27%
Other: 4%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 26%
I have some equity in my home: 51%
I own my home outright: 7%
I have no idea: 9%
Other: 4%
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: 43%
No: 27%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 32%
Yes, they were slightly affected: 46%
Yes, they were significantly affected/drained: 20%
Source: Survey.com