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Seymour, CT Mortgage Refinance in Connecticut

We make it easy to get the lowest mortgage refinance interest rate in Seymour, CT.

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

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Seymour, Connecticut News
Brazen afternoon bank heist in Seymour

A bank robber is still on the loose after staging a Saturday afternoon heist at TD Bank North.


Valley gears up for food drives

The sagging economy has put a damper on holiday food drives in the Valley, social service agency officials said Monday.


Smokeout artists fight the habit

Art is something Albertine Davis, a Central High School sophomore, hopes to burnish as a "secret talent." Too bad the secret is out.


Water Main Break Closes Two Schools

A water main break has closed two schools in Beacon Falls. A water main broke around 7:30 a.m. on Route 67 at Day Street, Seymour police said.


Water main break in downtown Seymour

A water main break has caused street flooding on Route 67 near Day Street this morning.


Water main break downtown Seymour

Aquarion Water Co. officials are reporting that a 16-inch water main break is causing headaches in downtown Seymour this morning.


Church to bless blankets handmade for vets

When you walk into the sanctuary of Trinity Episcopal Church this week, you'll be greeted by a sea of red, white and blue handmade blankets.


Ex-student held in Seymour bomb threat

A former Seymour High School student was arrested Friday for allegedly threatening to blow up the school in a rap song e-mailed to school administrators.


17-year old arrested after alleged bomb threat at Seymour school

A 17-year old former Seymour High School student was arrested early Friday following a bomb threat school officials received by e-mail that led to the lockdown of the school and then early dismissal of students ...


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The Intermontane Challenge and its unique 'cloverleaf' course design filled with epic BC single-track has drawn top talent from the US and Canada in its solo men's category.


Feingold sets listening sessions

U.S. Sen. Russ Feingold, D-Middleton, will hold listening sessions in Outagamie and Marinette counties on Friday.


Mia Zito Glitz and GlamAids Seymour Youngster With Melanoma

Oxford Academy of Hair Design will host Glitz and Glam, a fashion show to benefit a local child who has been diagnosed with stage IV melanoma.


Seymour Lumber sale uncertain

The Seymour Lumber and Supply Co. property, originally considered as part of developer Craig Dean's now-stalled, $75 million high-rise hotel and condominium project, is on the market, but the souring economy is ...


TEAM kicks off holiday toy drive

Thanksgiving may still be a few weeks off, but staff and volunteers at Training, Education and Manpower Inc.


Developer looking at Seymour projects

Primrose Companies of Bridgeport is looking to Seymour for a number of future development projects, with construction on a commercial strip mall already under way.


Veterans Day ceremonies planned in Valley

Valley Veterans groups have announced annual Veterans Day ceremonies Tuesday, Nov.


Glitz & Glam' show to aid Valley child

The red carpet treatment. That's what all who attend a fundraising hair fashion show this month at the Strand Theater can expect.


Seymour, Shelton decide today on charter changes

Voters in some Valley towns will be asked to choose more than just a new president at the polls today.


107 House Democrats? 112?: Capitol Watch

One of the big questions at the state Capitol in the final campaign hours is how many seats that the House Democrats will hold after Tuesday's election.


Messageinterpretedas threatin Derby

An envelope filled with Band-Aids left at Connie's restaurant Tuesday for the president of the Board of Aldermen sparked a police investigation into the motive behind the delivery, but no arrests were made.


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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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