Home Refinancing Oxford MS

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.

Merchants And Farmers Bank
(601) 236-1111
1111 Jackson Avenue
Oxford, MS
 
First National Bank
(662) 234-2821
101 Courthouse Square
Oxford, MS
 
Southbank
(662) 234-8614
714 Jackson Avenue East
OXFORD, MS
Services
Mortgage Brokers

Renasant Bank
(662) 236-6627
Oxford, MS
 
M And F Bank
(662) 281-9900
1805 Jackson Avenue West
Oxford, MS
 
Southbank Fsb
(662) 234-8614
714 Jackson Ave E
Oxford, MS
 
Mechanics Bank
(662) 234-7900
2601 Jackson Ave W
Oxford, MS
 
Brown Insurance Agency
(662) 234-2941
409 South Lamar Boulevard
Oxford, MS
 
Farm Bureau Insurance
(662) 234-6232
2604 West Oxford Loop
Oxford, MS
 
Capital Trust
(662) 513-0472
404 Galleria Drive
OXFORD, MS
Services
Mortgage Brokers

Opinion Corner
People in Mississippi shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 50%
Rent: 50%
Other: 0%
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: 20%
I am living paycheck to paycheck: 20%
I have eliminated some of my expenses in order to keep my home: 0%
It has not affected me: 60%
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: 0%
I own my home outright: 40%
I have no idea: 60%
Other: 0%
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: 0%
No: 66%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 60%
Yes, they were slightly affected: 40%
Yes, they were significantly affected/drained: 0%
Source: Survey.com