Home Refinancing Springfield MA

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.

Us Mortgage Corp
(413) 788-0325
71 Manchester Terrace
Springfield, MA
 
Countrywide Home Loans Inc
(413) 747-4110
138 Memorial Avenue
West Springfield, MA
 
Chicopee Savings Bank
(413) 594-6692
70 Center Street
Chicopee, MA
 
Westbank
(413) 747-1418
225 Park Avenue
West Springfield, MA
 
Metrocities Mortgage LLC
(413) 565-2248
908 Shaker Rd
Longmeadow, MA
 
Mortgagetree Lending
(413) 788-5570
680 Westfield St
West Springfield, MA
 
First Eastern Mortgage Corp
(413) 737-9525
1111 Elm Street
Springfield, MA
 
New England Merchants Corporation
(413) 786-3500
430 Main St
Agawam, MA
 
Vip Mortgage Corporation
(413) 594-3100
417 Montgomery Street
Chicopee, MA
 
United Bank
(413) 787-1700
95 Elm Street
West Springfield, MA
 
Opinion Corner
People in Massachusetts shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 57%
Rent: 38%
Other: 4%
The recent credit crisis seems to have affected everyone. How has it affected you?
I have lost my home: 10%
I have had to downgrade my home: 7%
I am living paycheck to paycheck: 32%
I have eliminated some of my expenses in order to keep my home: 27%
It has not affected me: 20%
Other: 2%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 12%
I have some equity in my home: 63%
I own my home outright: 9%
I have no idea: 9%
Other: 6%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 32%
I have tried but have not been successful: 29%
No: 38%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 30%
Yes, they were slightly affected: 38%
Yes, they were significantly affected/drained: 30%
Source: Survey.com