Home Refinancing Plattsburgh NY

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.

Universal Mortgage Corporation
(802) 654-7896
19 Roosevelt Hwy Ste 110
Colchester, VT
 
Vermont Housing Finance Agency
(802) 864-5743
164 Saint Paul Street
Burlington, VT
 
Keybank National Association
(802) 658-1810
149 Bank Street
Burlington, VT
 
Tupper Lake National Bank - Branch Offices
(518) 561-6696
519 State Route 3
PLATTSBURGH, NY
Services
Mortgage Brokers

Commercial Credit Plan Inc of Georgetown
(518) 566-9008
51 Smithfield Boulevard
PLATTSBURGH, NY
Services
Mortgage Brokers

Gmac Mortgage LLC
(802) 660-0999
346 Shelburne Road
Burlington, VT
 
Chittenden Trust Company
(802) 658-4000
Two Burlington Square
Burlington, VT
 
Summit Financial Center Inc
(802) 863-0403
112 Lake Street
Burlington, VT
 
M And T Bank
(518) 877-3511
178 Broad St
Plattsburgh, NY
 
M & T Mortgage Corporation
(518) 562-5500
178 Broad Street
PLATTSBURGH, NY
Services
Mortgage Brokers

Opinion Corner
People in New York shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 64%
Rent: 28%
Other: 6%
The recent credit crisis seems to have affected everyone. How has it affected you?
I have lost my home: 4%
I have had to downgrade my home: 6%
I am living paycheck to paycheck: 27%
I have eliminated some of my expenses in order to keep my home: 27%
It has not affected me: 28%
Other: 5%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 11%
I have some equity in my home: 53%
I own my home outright: 15%
I have no idea: 17%
Other: 1%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 44%
I have tried but have not been successful: 22%
No: 32%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 51%
Yes, they were slightly affected: 30%
Yes, they were significantly affected/drained: 18%
Source: Survey.com