Home Refinancing Worcester 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.

Bank Of America Na Charlotte
(508) 792-0605
365 Main St
Worcester, MA
Gmac Mortgage LLC
(508) 792-9121
255 Park Ave Ste 704
Worcester, MA
Gia Mortgage Corportion
(508) 438-1188
490 Shrewsbury St
Worcester, MA
Crown Mortgage Corporation
(508) 635-0169
101 Stafford St
Worcester, MA
Sherwood Mortgage Group Inc
(508) 853-3000
One Ararat St
Worcester, MA
Metrocities Mortgage LLC
(508) 926-2479
446 Main St Ste 11
Worcester, MA
Lendia Inc
(508) 368-7900
472 Lincoln St
Worcester, MA
American Liberty Mtg And Loan
(508) 793-8637
195 Lake Avenue
Worcester, MA
Allied Home Mortgage Capital Corporation
(508) 792-0360
711 Pleasant Street
Worcester, MA
Mackinac Savings Bank
(508) 832-3299
482 Southbridge Street
Auburn, 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