Aptos, CA Mortgage Refinance in California
We make it easy to get the lowest mortgage refinance interest rate in Aptos, CA.
Our loan specialists can customize a loan that is perfect for your needs. In no time at all, Aptos, CA residents can be on the way to a lower interest rate, a lower monthly payment, or switching from an adjustable rate mortgage to a fixed rate mortgage.
When Should I Refinance?
The best time to refinance is when interest rates in Aptos, California drop below the rate of your current mortgage. With a lower interest rate, you'll save money on your mortgage payment every month. Be sure to read our article titled Reasons to Refinance Now.
Turn Your Adjustable Rate into a Fixed Rate
With adjustable rates on the rise Aptos, CA residents can benefit greatly from refinancing your home for a low fixed rate. These benefits include a lower monthly mortgage payment, and the security of knowing your mortgage payment won't increase.
Cash-Out Refinancing
Using the equity in your home, you can refinance your mortgage for a higher amount than your current principal balance and receive the extra funds as cash. You can use this money however you would like, including, remodeling your home, paying off high-interest rate credit cards, paying off student loans, or consolidating all your debt. How much cash out you can receive by refinancing depends largely upon the principal balance remaining on your mortgage and the amount of equity in your home.
Eliminate PMI
Private Mortgage Insurance is usually required if your downpayment on your home was less than 20 percent. If your home equity has increased since your purchase, you may have enough equity to elimate that PMI payment by refinancing your mortgage.
Save Thousands in Interest
When you refinance your home you can decide to switch your mortgage to a shorter term, such as 10, 15, or 20 years. Depending on how much lower the refinance rate is, you will likely pay more per month for this shorter term home loan. However, in the long-term you are saving thousands in interest. And because more of your monthly mortgage payment goes towards the principal, your home equity will increase much quicker.
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Refinance Articles
Reasons to Refinance Now Beat the Subprime Mortgage Crisis Return to bad credit mortgage refinance in the state of CA
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| Aptos, California News |
Fire destroys building on 41st
Alexz Londos reports: It took almost 5 hours for firefighters of Capitola with outside help from neighboring counties to gain control and contain the blaze that was in the middle of a commercial district ...
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Local Jews defend, criticize Israel
Lying awake in a Bedouin tent somewhere in the Negev, Daniel Feder could hear the faint rumble of bombs echoing across the desert night.
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Rescued horses must find new home
Two of six abused and neglected horses -- Lucy and Molly -- seized from a Watsonville ranch in June are in desperate need of homes or temporary sponsorship, according to the Santa Cruz County Animals Services ...
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Downtown Santa Cruz parade rings in the new year for all ages
Hundreds, perhaps thousands, of people lined Pacific Avenue on a surprisingly warm December night to watch the Do-It-Yourself Parade and bid farewell to 2008.
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As You See It: Dec. 31, 2008
Who can afford a personal concierge? Great front-page article about Karissa Paxton, the personal concierge.
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The Don't List: Looking back on 2008, ahead to 2009
Of the dozens of performances and exhibitions I've been fortunate enough to cover for KQED during the past year, several stand out as events I don't think I'll ever forget.
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Santa Cruz woman marks holiday with gift of citizenship
For Griselda Galvan, this year's Christmas celebration will be like no other. The festive family dinner and the midnight Mass bring joy and illumination, but her feeling of contentment is heightened because ...
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As You See It: Dec. 26, 2008
Downtown not safe for kids In response to Josh Reilly's observations regarding the current state of Pacific Avenue, he very accurately describes it as "being untidy," having "annoying jerks" around, "some of ...
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Santa Cruz surfing club wants its logo back
As surfers around the globe write checks to help save the city's Surfing Museum, the museum's co-founders are steamed that they no longer have one of their best fundraising tools: T-shirts bearing old surfing ...
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Local Emergency Responders Practice Water Rescue
The water off the Capitola Wharf and Esplanade became the site of a water rescue Dec.
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The Aptos History Corner
Brought to you by the Aptos History Museum The Aptos History Museum has a lovely collection of "antique" Christmas Cards on display.
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Relatives, friends remember deaths among homeless population
Tibetan-style prayer flags listing the name age and year of death of a Santa Cruz County homeless person hang at the Homeless Services Center in Santa Cruz on Monday Carl White lit a white votive candle and set ...
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Gas prices start rising
Gasoline prices on the rise After three months of falling prices, gasoline is getting more expensive locally.
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Scotts Valley wants shot at federal funds for new library
Some city leaders see the upcoming presidency of Barack Obama as a "once-in-a-lifetime opportunity" to grab federal money to help build the planned new public library.
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Aptos' Frear places in top 15 at Muir Beach Trail Run 50k
Paul Frear of Aptos took 13th place in the Muir Beach Trail Run 50-kilometer race Saturday, held in the Golden Gate National Recreation Area in Marin.
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Roadshow: Cost to replace on-and-off Prius headlights can run $950 a " or nothing
Q I don't know if you've already discussed replacement costs for Toyota Prius headlights, but "... Steve Armstrong San Jose A Oh, we certainly are today.
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Bipolar support group helps moms cope
There is a negative stigma attached to the word "bipolar." Sometimes it's the punch line of a joke.
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The fire is just the beginning: Families struggle through pain, joy of rebuilding
As autumn turns into winter, signs of rebirth in Larkin Valley are everywhere. Tough, verdant grasses are helping to heal scarred hillsides.
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County Addresses Challenge of High-Density and Affordable Housing
Santa Cruz County cleared one hurdle toward meeting state requirements for afford-able housing development when it designated eight parcels for such use in 2006.
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Santa Cruz County Updates
More than 100 residents turned out on Oct. 28 for a special evening meeting of the Santa Cruz County Board of Supervisors to support keeping the Aptos property, commonly known as Par 3, zoned for parks and ...
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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