Home Refinancing Salem OR

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.

Prime Financial Group Inc
(503) 585-5530
698 12Th St Se
Salem, OR
 
Home123 Corporation
(503) 588-2667
3400 State St Ste G780
Salem, OR
 
Willamette Valley Bank
(503) 485-2222
101 High St Ne
Salem, OR
 
Mortgage First Corporation
(503) 588-3511
615 Commercial St Se # 205
Salem, OR
 
State Treasury State Ore
(503) 373-7317
350 Winter St Ne Ste 100
Salem, OR
 
State Or Dept Veterans Affairs
(503) 373-2000
700 Summer St Ne
Salem, OR
 
Countrywide Home Loans Inc
(503) 588-3250
3882 Center St Ne
Salem, OR
 
Mortgage West Inc
(503) 371-0289
237 State Street
Salem, OR
 
Oregon Housing And Community Srvcs Dept
(503) 986-2000
1600 State Street
Salem, OR
 
Gateway Business Bank
(503) 930-9101
660 Hawthorne Ave Se Ste 130
Salem, OR
 
Opinion Corner
People in Oregon shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 52%
Rent: 36%
Other: 12%
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: 8%
I am living paycheck to paycheck: 50%
I have eliminated some of my expenses in order to keep my home: 25%
It has not affected me: 16%
Other: 0%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 20%
I have some equity in my home: 40%
I own my home outright: 10%
I have no idea: 20%
Other: 10%
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: 11%
No: 44%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 30%
Yes, they were slightly affected: 40%
Yes, they were significantly affected/drained: 30%
Source: Survey.com