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Mortgage Refinance

We make it easy to get the lowest mortgage refinance interest rate in your area.

Our loan specialists can customize a loan that is perfect for your needs. In no time at all you 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 your area 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 you 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 down payment on your home was less than 20 percent. If your home equity has increased since your purchase, you may have enough equity to eliminate 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.

Mortgage Refinance Calculators

Mortgage Payment Calculator
Refinance Savings Calculator
Refinance APR Calculator
Refinance Points Calculator  

Refinance Articles

Reasons to Refinance Now
Beat the Subprime Mortgage Crisis  

Return to bad credit mortgage refinance in the state of NC

Bad Credit? We can help!

Call for COMPLETE details NOW!

(800) 675-9783

Aberdeen, North Carolina News
Woman killed in accident

A head-on collision in Derby Sunday night claimed the life of 37-year-old Aberdeen resident Joyce Anne Durham.


Anderson on Race, Poverty, and Exclusion at the Urban Fringe

Across the country, from Aberdeen, North Carolina to Modesto, California, city growth has bypassed hundreds of low-income neighborhoods founded under conditions of racial segregation in the early to mid-twentieth century.


Five Arrested After Undercover Drug Investigation

Aa Stwo-month undercover drug investigation conducted by the Moore County Sheriffa s Office narcotics unit resulted in the arrest of five individuals for trafficking in controlled prescription pills.


Scholarship featured at the Scottish Heritage Symposium

" Emigration, politics, loyalism, armed conflict and trade will be the focus of the lectures scheduled for the annual Charles Bascombe Shaw Memorial Scottish Heritage Symposium at St.


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The men who shot the son of a Carthage commissioner may be in custody, though no one has yet actually been charged for it.


Storytelling Arts Center Crowns New Liar Champion

The Storytelling Arts Center of the Southeast hosted its 3rd Annual Bold-Faced Liars' Showdown last Saturday in front of a sold-out house on Main Street in Laurinburg.


N.C. 211 Widening Progresses

Right of way acquisition efforts have begun for the N.C. 211 widening project from the Pinehurst Traffic Circle to N.C. 73 in West End.


Annexation Deal Creates Fury in Foxfire

An annexation agreement between the villages of Foxfire and Pinehurst won approval, but not after sparking anger among many Foxfire residents.


Byrd Returns to Aberdeen

The Rooster's Wife brings national touring singer songwriter Jonathan Byrd back to Aberdeen Sunday, Jan.


Former Sheriff Wise Dies Thursday at 89

Retired Sheriff James Wilson Wise, a man whose character lived up to his name, died Thursday at his home in Aberdeen.


BlueStar Announces New Self Service Kiosk Solutions from Meridian Kiosks

PR: BlueStar announced the addition of their self service kiosk solution featuring Meridian Kiosks' extensive hardware line-up and robust software platform.


Downtown Concerns Offered in Aberdeen

Aberdeen needs an ordinance to protect its downtown business climate, but it should also accommodate the growing demand for more activities, according to some property owners and merchants The town Board of Commissioners heard public comments at its meeting on the possibility of revising the Downtown Retail Overlay District .


S.C. Man Arrested for Series of Break-Ins

A South Carolina man has been arrested in connection with astring of break-ins at storage facilities in the county.


Aberdeen Seeks Input on Downtown Zoning

The Aberdeen Board of Commissioners is ready to hear public opinion and address issues regarding the downtown in the new year.


Bed & Breakfasts Just Outside of Charlotte, NC

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EDITORIAL: With Smoking Ban, N.C. Comes of Age

It's easy to sympathize with Donna Strother, who is among North Carolinians displeased with the state's new ban on smoking in eating establishments and bars.


Landfill Offers Free Christmas Tree Mulching

One solution to the discarded Christmas tree dilemma is at the county landfill. For folks who have not yet disposed of their trees, Moore County Public Works Director Dennis Brobst has a suggestion: take it to the landfill to be ground into mulch.


Man Dies Days After Interstate Accident

A North Carolina man who was injured in a single-vehicle accident on I-85 in Cherokee County last week has died.


Miss Noel Pageant Set for Saturday

The 2009 Miss Noel Scholarship Pageant, presented by the Sandhills Business and Professional Women's Organization, will be held at the Aberdeen Elementary School Auditorium at 7 p.m. Saturday, Nov.4. Co-hostesses for the event are Charity Haskins, Miss Moore County 2010, and Katherine Kearns, Miss Moore County 2010 Outstanding Teen.


Teens Face Charges in Joy Ride

Two Pinehurst teenagers have been charged with hit-and-run after a joy ride in the village went wrong Wednesday afternoon.


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"...I was sure that Somerset was the right choice...they couldn't have been more compassionate or understanding...I just couldn't believe that this all happened within a week...Thanks to my loan officer and all the rest of those great people at Somerset, my family will be able to stay in the only home they have known for some time, without fear of being put out." - Tom N.
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