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Ramona, CA Mortgage Refinance in California

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

Our loan specialists can customize a loan that is perfect for your needs. In no time at all, Ramona, 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 Ramona, 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 Ramona, 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 
Return to mortgage refinance in the state of CA

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Ramona, California News
Companies that hauled fire debris in hot seat

The company the city of San Diego is investigating for possibly overcharging to clear rubble after last fall's wildfires is also in the middle of a dispute between county officials and the contractor they hired ...


Researchers capture, band raptors during fall migration

The fresh fragrance of pine fills the crisp morning air as the crew heads up the mountain, again.


Ramona Unified selects Web Locker technology

Ramona Unified School District, located in the northeastern edge of San Diego County, recently chose School Web Lockers as an affordable alternative to high-powered solutions such as storage area networks, or ...


FOOTBALL: Calvin falls to Foothills; Ramona shocks Oceanside; Mission Hills outlasts Fallbrook

In California, only 35 percent of all students complete the college preparatory courses required to get into a four-year university.


Prosecution Cuts Deal in Slain Wife's Murder Trial

A major development in the trial of a Ramona man accused of killing his wife and burying her in his backyard.


Owner of Ramona house that exploded has history of fraud

The owner of a Ramona house where a man died in an explosion and fire Oct. 31 was found to have committed fraud two years ago for using fake tax returns to sell a gas station he owned in Nebraska.


Veterans Day events

November 7, 2008 TODAY Ship display: Officials for the Midway aircraft carrier in downtown San Diego are asking visitors to honor veterans by writing their names on a designated ribbon medallion.


Life sentence for Lanteigne

A Yucaipa man charged with the murders of three men was denied a motion to withdraw a guilty plea Friday, then sentenced to life in prison without the possibility of parole.


In tape, Ramona man says fears spurred killing

A man charged with strangling his wife in 2005 and burying her body in the backyard of his home in Ramona told investigators in a videotaped interview that he did it because he feared she would burn down the ...


Man Arrested Over Ramona School Vandalism

A young man was in custody Thursday on suspicion of stealing computers from an elementary school and vandalizing a classroom and dozens of vehicles on property belonging to the Ramona Unified School District, a ...


Trial Begins For Man Accused of Killing, Burying Wife in Yard

Opening statements are under way for a man accused of killing his wife and burying in her in the backyard of their Ramona home.


Tentative ID:

Authorities are trying to confirm the identity of a man who was found dead in the back yard of a Ramona house after it exploded and caught fire early Friday morning.


Questions unanswered in Ramona explosion

A sign outside the Stars gas station on Main Street in Ramona reads: "Rest in peace our brother Joe." Joseph Nesheiwat, 24, was found dead early Friday in the back yard of a burning house in Ramona after ...


Investigation into Explosion Begins

Crews will begin demolishing parts of a Ramona home damaged by an explosion and fire.


House Fire Follows Explosion

A man was killed in the Mount Woodson area in a fire that began with a loud explosion and destroyed a house.


One Person Dies in Ramona House Disaster, Meth Lab?

An explosion may have sparked a house fire that killed one person early this morning at a home north-east of downtown San Diego, on the outskirts of Ramona, Calif.


Man Killed in House Fire Near Ramona

Authorities reported that one person was killed in the Mount Woodson area near Ramona Friday in a house fire that began with a loud explosion.


La Raza: Latino input is needed on fire aid

A new report from the National Council of La Raza that examines lessons learned from the San Diego County wildfires of 2003 and 2007 says a lack of input from Latino community organizations continues to create ...


Vista contest emerges as most divisive of 3 coastal trustee races

School board politics can get messy, dividing voters more than most kinds of local elections.


SDG&E Powerlink Shocker

SDGE said it can change the preferred route of the $1.2 billion Sunrise Powerlink to avoid Anza-Borrego Desert State Park, Julian, Santa Ysabel and Ramona.


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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
 
"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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