Home Refinancing Saint Cloud MN

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.

Stearns County National Bank Albany
(320) 253-6607
4191 2Nd Street South
St Cloud, MN
 
Great River Federal Credit Union
(320) 252-9906
1532 St Germain
St Cloud, MN
 
St Cloud Federal Credit Union
(612) 252-2634
3030 1St Street South
St Cloud, MN
 
Plaza Park State Bank
(320) 252-4200
17 Division Street
Waite Park, MN
 
Northern Star Bank
(320) 258-2265
300 E St Germain Street
St Cloud, MN
 
American Heritage National Bk
(320) 654-2742
2915 2Nd Street South
St Cloud, MN
 
Liberty Savings
(612) 252-2841
111 7Th South Avenue
St Cloud, MN
 
Bremer Bank Na
(612) 251-3300
1100 West St Germain Street
Saint Cloud, MN
 
Bankvista
(320) 257-1600
125 Twin Rivers Court
Sartell, MN
 
First State Bank St Joseph
(612) 363-7721
25 College Ave
Saint Joseph, MN
 
Opinion Corner
People in Minnesota shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 57%
Rent: 40%
Other: 2%
The recent credit crisis seems to have affected everyone. How has it affected you?
I have lost my home: 5%
I have had to downgrade my home: 5%
I am living paycheck to paycheck: 40%
I have eliminated some of my expenses in order to keep my home: 10%
It has not affected me: 35%
Other: 5%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 42%
I have some equity in my home: 15%
I own my home outright: 15%
I have no idea: 21%
Other: 5%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 31%
I have tried but have not been successful: 18%
No: 50%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 40%
Yes, they were slightly affected: 25%
Yes, they were significantly affected/drained: 35%
Source: Survey.com