Palm Beach, FL Mortgage Refinance in Florida
We make it easy to get the lowest mortgage refinance interest rate in Palm Beach, FL.
Our loan specialists can customize a loan that is perfect for your needs. In no time at all, Palm Beach, FL 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 Palm Beach, Florida 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 Palm Beach, FL 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 FL
| Palm Beach, Florida News |
Woman, dog attacked in Palm Beach Co.
Palm Beach County authorities say they have arrested an 18-year-old who attacked a woman and her cocker spaniel after the dog relieved itself on his lawn.
|
Palm Beach Co. Police, Residents Work Against Prostitution
Several local prostitution rings are affecting the lives of ordinary South Floridians.
|
Teens indicted on murder charges in shooting of popular West Palm Beach couple
A grand jury has indicted two teens on murder charges in connection with the slaying of a well-known couple.
|
Actor George Hamilton pays $525K for a condo unit in West Palm Beach, FL
Actor George Hamilton has paid $525,000 to purchase a condominium unit in West Palm Beach, Fla.
|
Palm Beach gives 'pauper' deadline to fix burned home
Bucking a recommendation from lead code compliance officer Rob Walton, the Code Enforcement Board on Thursday gave James Barker a month to show he is making progress in repairing his fire-damaged home at 416 ...
|
Man fatally shot at Taco Bell drive thru in Palm Beach
PALM BEACH, Florida -- A man going through a Taco Bell drive thru around midnight last night got into a fight with two or three others and was ultimately shot to death in his car, authorities report.
|
Richard Pollock to seek election to Palm Beach Town Council
Dr. Richard Pollock has announced his intentions to run for a seat on the Palm Beach Town Council, although he has not said which seat he will seek.
|
Man arrested on murder charges 11 years after shooting
More than 11 years after a West Palm Beach teen was murdered in a drive-by shooting outside a barbecue and one person was sent to prison for life, a second person accused in the shooting is behind bars.
|
Divers discover severe damage to one of Florida's most popular coral reefs
Conservationists are hoping to find out who is behind recently discovered damage to Florida's Breakers Reef.
|
Obama T-shirt earns Palm Beach teacher a trip to principal's office
PALM BEACH, Florida -- A local middle school history teacher who wore a Barack Obama T-shirt to school after the election has been cited by his principal for engaging in unethical political activity.
|
Moroso racetrack investor plans $60 million in upgrades
The new owners of the former Moroso Motorsports Park plan $60 million in upgrades that will include a private club for well-heeled car guys who don't mind dropping $100,000 for the run of the racetrack.
|
Murder suspect piled up luxuries, lies
He shattered the already broken dreams of residents of the hurricane-ravaged 1515 Tower in West Palm Beach.
|
Police seek 'boys'in bagger's slaying
Alphanso Rose might have been the first person shoppers saw when they entered the Publix supermarket on Sunset Avenue in Palm Beach.
|
Palm Beach 911: Arrests, thefts, vandalism, drug charges, fire-rescue
Woman interferes with paramedic's work - Police charged a 42-year-old Palm Beach woman with resisting an officer without violence after an officer responded to a medical call at a South Ocean Boulevard ...
|
Windmere condominium evacuation sparked by aquarium fire
There was water seeping out onto the patio of Mary Wallace's third-floor unit in the Windmere condominium before fire fighters arrived Saturday night to battle a blaze.
|
Palm Beach police seek warrant in Election Night dispute at 264 The Grill
An Election Day dispute at 264 The Grill could lead to criminal charges against one of the owners of the South County Road restaurant.
|
West Palm Beach man charged with sharing child porn
This morning, Joseph Sabellico, 54, was ordered held in lieu of $180,000 bond; $10,000 on each count.
|
National City employees help others in Paint Your Heart Out program
Kathleen Strother from the Private Client Group at National City Bank in Palm Beach helps her co-workers paint a West Palm beach home.
|
|
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
| |
"...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.
|
|
|
|