Home Refinancing Peoria IL

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.

Gsf Mortgage Corporation
(309) 673-9473
411 Hamilton Blvd Ste 1020
Peoria, IL
 
American Mortgage Lending Inc
(309) 688-5568
3709 N Sheridan Rd
Peoria, IL
 
Busey Bank
(309) 683-2300
6699 N Sheridan Rd
Peoria, IL
 
Brimfiled Bank
(309) 676-1919
4207 N Prospect Rd
Peoria Heights, IL
 
American Fidelity Mtg Services Inc
(309) 681-9100
1310 W Forrest Hill Ave
Peoria, IL
 
Alliance First Mortgage LLC
(309) 687-5050
3622 N Knoxville Ave Ste A
Peoria, IL
 
Eagle Mortgage Brokerage Inc
(309) 686-7676
2020 W War Memorial Dr Ste 303
Peoria, IL
 
Countrywide Home Loans Inc
(309) 690-4150
7815 N. Knoxville Ave#14
Peoria, IL
 
Integrity Mortgage Services Inc
(309) 692-2840
1230 W Candletree Dr Ste A
Peoria, IL
 
Premier Mortgage Funding Inc
(309) 697-9126
5615 S Adams St Apt 1
Bartonville, IL
 
Opinion Corner
People in Illinois shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 73%
Rent: 20%
Other: 6%
The recent credit crisis seems to have affected everyone. How has it affected you?
I have lost my home: 3%
I have had to downgrade my home: 7%
I am living paycheck to paycheck: 45%
I have eliminated some of my expenses in order to keep my home: 17%
It has not affected me: 22%
Other: 3%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 32%
I have some equity in my home: 56%
I own my home outright: 7%
I have no idea: 3%
Other: 0%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 35%
I have tried but have not been successful: 27%
No: 37%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 43%
Yes, they were slightly affected: 33%
Yes, they were significantly affected/drained: 22%
Source: Survey.com