Home Refinancing Newport News VA

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.

Freedom Mortgage Corporation
(757) 873-4630
825 Diligence Drive Suite 220
Newport News, VA
 
Eastern Virginia Funding LLC
(757) 240-2150
11864 Canon Blvd Ste 103E
Newport News, VA
 
Premier Mortgage Funding Inc
(757) 873-9352
708 Thimble Shoals Blvd Ste A
Newport News, VA
 
Dominion Mortgage LLC
(757) 873-6832
240 Nat Turner Blvd Suite C
Newport News, VA
 
Resource Bank
(757) 873-0435
735 Thimble Shoals Blvd. #170A
Newport News, VA
 
Tidewater Mortgage Services Inc
(757) 594-6165
742 Thimble Shoals Blvd
Newport News, VA
 
First Capital Home Mortgage LLC
(757) 534-7610
11854 Canon Blvd Ste 103
Newport News, VA
 
Suntrust Mortgage Inc
(804) 873-7920
11817 Canon Boulevard Ste 502
Newport News, VA
 
American Home Mortgage Corp
(757) 599-1810
11870 Merchants Walk
Newport News, VA
 
Peninsula Mortgage LLC
(757) 873-4141
825 Diligence Dr Ste 116
Newport News, VA
 
Opinion Corner
People in Virginia shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 60%
Rent: 30%
Other: 9%
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: 40%
I have eliminated some of my expenses in order to keep my home: 12%
It has not affected me: 40%
Other: 8%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 8%
I have some equity in my home: 60%
I own my home outright: 8%
I have no idea: 24%
Other: 0%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 43%
I have tried but have not been successful: 21%
No: 34%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 58%
Yes, they were slightly affected: 29%
Yes, they were significantly affected/drained: 12%
Source: Survey.com