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Ahwahnee, CA Mortgage Refinance in California

We make it easy to get the lowest mortgage refinance interest rate in Ahwahnee, CA.

Our loan specialists can customize a loan that is perfect for your needs. In no time at all, Ahwahnee, 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 Ahwahnee, 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 Ahwahnee, 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.

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 
Understanding Your Credit
Your Interest Rate

" Traditional banks make their customer fit the loan; at Somerset Mortgage Lenders we make our loan fit the customer. "

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Ahwahnee, California News
Wild Swine Destroying Yards, Fences

Wildlife experts said something is driving wild pigs amok in neighborhoods around the Sierra Nevada foothills.


Pigs making themselves at home in foothill yards

Wild pigs roaming the Central California foothills are turning rural yards into hog heaven, ripping through lawns and shrubbery as they seek roots, worms and other buried edibles.


Taylor to wed Gallagher

Patricia Taylor of Fresno wed Dan Gallagher of Ahwahnee, Saturday, June 21, 2008 at the Our Lady of Victory Church and a reception followed at the Fort Washington Golf and Country Club both in Fresno.


Wild pigs still causing havoc in Ahwahnee

Late one night three weeks ago, Nancy Harmelin woke to a rustling sound in her yard.


Powered by God

Lakewood looks like a nice enough place to live. A dog cavorts on a lawn, balloons float up from the Dayspring Church carnival and two people greet a stranger and invite him to join the fun.


We're living with fire

It's been a scary summer for the Mountain Area. The fire season kicked off in a hurry when lightning-caused blazes touched down near Ponderosa Basin and Fish Camp in June.


Telegraph Fire Disrupting Yosemite Tourism

Despite heavy smoke shrouding the rocks at Yosemite, the park remains open. Park officials shut off the power Saturday afternoon just as a precaution for firefighters.


Telegraph Fire Disrupting Yosemite Tourism

Despite heavy smoke shrouding the rocks at Yosemite, the park remains open. Park officials shut off the power Saturday afternoon just as a precaution for firefighters.


Telegraph Fire Disrupting Yosemite Tourism

Despite heavy smoke shrouding the rocks at Yosemite, the park remains open. Park officials shut off the power Saturday afternoon just as a precaution for firefighters.


Local: Still air hampers efforts to quell fire

Lack of winds to clear away ground smoke foiled a planned daylong air assault Wednesday on a lightning fire in southern Mariposa County -- but it also stalled the spread of flames toward nearby homes.


One fire contained in Mariposa County

Firefighters continue to make good progress in battling the lightning-caused fires that have been burning since Saturday in Mariposa County in the Sierra National Forest.


Local: Blazes, smoke spread in hills

Lightning strikes put some homeowners at risk of evacuations. By Louis Galvan and Russell Clemings / The Fresno Bee More information Updates on California fires Eight homes were evacuated Tuesday as blazes that ...


She's in it for the animals

This is the second of three articles profiling Oakhurst honorary mayor candidates and the charities they are raising money for.


Supervisors debate usage, jurisdiction of local parks

The Madera County Board of Supervisors Tuesday reeled in an amended ordinance for all county parks, but had to throw it back.


Alcohol may be banned from parks

Alcohol consumption will be banned in Madera County parks as early as September if a measure adopted by the Board of Supervisors on Tuesday becomes law.


Raymond Museum now an historical place of interest

In all that time, no one had altered its basic structure. Northrop said she thought she'd fix it up a little, maybe open a gallery for local artists, but she kept hearing that it was Raymond's oldest home.


Volunteer firefighters praised for service

"They volunteer, sacrifice and do this out of dedication. We need to honor them and their service to Madera. They also spend a lot of additional time training, maintaining certifications and preparing."

John Glueck/Special to the Tribune Volunteer fire Captain Jerome Riggs, center, of Ahwahnee, was honored for 35 years of service to Madera County fire department, Sunday. via Madera Tribune


Ousted cats need homes

"Not only is she losing her home, through no fault of her own, but she is losing her family"

The home foreclosure crisis is about to claim several new victims in Ahwahnee, but the affects of this foreclosure reach far beyond the property owner. via Sierra Star


Candidates take their mark for mayor's race

"We have grown so much and there are still people who don't know we're there"

Three brave and hearty souls have filed their papers and are running for votes so they can be the next Oakhurst honorary mayor. via Sierra Star


'Hazardous' tree removed from town

"Every large limb has had some mortality and been climbed and pruned by tree companies"

The old oak by the drive-through had to be removed. "I would always rather save a tree," said Richard Clark of Tip Top Tree Service. via Sierra Star


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"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
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