Home Refinancing Traverse City MI

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.

Huntington National Bank
(231) 922-5858
415 Munson Ave
Traverse City, MI
Amerifirst Financial Corp
(616) 946-0320
945 E 8Th St
Traverse City, MI
Assurafirst Financial Company
(231) 933-4700
1111 E 8Th St
Traverse City, MI
Republic Bank
(231) 933-4400
534 East Front Street
Traverse City, MI
Independent Mortgage Co West Michigan
(231) 932-1871
315 N Division St Ste 120
Traverse City, MI
Michigan Mutual Inc
(231) 922-0310
423 E 8Th St
Traverse City, MI
Premier Mortgage Funding Inc
(231) 941-5896
807 Airport Access Rd Ste 100
Traverse City, MI
Countrywide Home Loans Inc
(231) 995-5222
522 E Front St
Traverse City, MI
Countrywide Mortgage Ventures LLC
(231) 995-8123
402 E Front St
Traverse City, MI
Empire Equity Group Inc
(231) 932-5400
120 Boardman Ave Ste A
Traverse City, MI
Opinion Corner
People in Michigan shared their opinions about Home Mortgage
Do you own or rent a home?
Own: 59%
Rent: 29%
Other: 10%
The recent credit crisis seems to have affected everyone. How has it affected you?
I have lost my home: 7%
I have had to downgrade my home: 10%
I am living paycheck to paycheck: 30%
I have eliminated some of my expenses in order to keep my home: 25%
It has not affected me: 27%
Other: 0%
What is the value of your house in relation to your outstanding mortgage?
I am in the red: 41%
I have some equity in my home: 30%
I own my home outright: 19%
I have no idea: 8%
Other: 0%
Have you been able to take advantage of the lower interest rates and refinance your mortgage?
Yes: 34%
I have tried but have not been successful: 34%
No: 31%
Have your savings/retirement funds been affected?
No, haven’t touched my savings/retirement: 46%
Yes, they were slightly affected: 33%
Yes, they were significantly affected/drained: 20%
Source: Survey.com