Home Refinancing Ripley TN

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 Citizens National Bank
(731) 635-8008
316 Cleveland St
Ripley, TN
 
Bank Of Ripley
(901) 635-1230
134 North Jefferson St
Ripley, TN
 
Citifinancial
(731) 635-3744
118 Walmart Drive
RIPLEY, TN
Services
Mortgage Brokers

Firstcitizens National Bank Ripley Office
(731) 635-8008
316 Cleveland Street
Ripley, TN
 
First-Citizens National Bank - Ripley Office
(731) 635-8008
316 Cleveland Street
RIPLEY, TN
Services
Mortgage Brokers

Banktennessee
(731) 635-1234
312 Cleveland Street
Ripley, TN
 
First Citizens National Bank
(731) 635-8008
316 Cleveland St
Ripley, TN
 
Banktennessee
(901) 755-8815
312 Cleveland St
Ripley, TN
 
C A C Financial Partnersinsurance And Investments
(731) 635-1303
116 North Jefferson Street
Ripley, TN
 
CAC Financial Partners
(731) 635-1230
Ripley, TN
 
Opinion Corner
People in Tennessee shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 65%
Rent: 30%
Other: 4%
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: 6%
I am living paycheck to paycheck: 40%
I have eliminated some of my expenses in order to keep my home: 6%
It has not affected me: 40%
Other: 6%
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: 73%
I own my home outright: 0%
I have no idea: 20%
Other: 6%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 42%
I have tried but have not been successful: 21%
No: 35%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 57%
Yes, they were slightly affected: 28%
Yes, they were significantly affected/drained: 14%
Source: Survey.com