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Aurora, IN Mortgage Refinance in Indiana

We make it easy to get the lowest mortgage refinance interest rate in Aurora, IN.

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

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Aurora, Indiana News
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Two young women are behind bars this weekend after an early morning aggravated robbery in University Heights.


USI students bring anxiety, excitement with them on move-in day

ERIN McCRACKEN / Courier & Press Mike Flemming, with Baptist Collegiate Ministries at the University of Southern Indiana, carries a load of clothes to an incoming freshman's dorm room in Obannon Residence Hall ...


Two men found dead

A stand off that began around 7:30 p.m. Monday evening ended just after 1:30 a.m. this morning when Indiana State Police Emergency Response Team members entered Apartment No.


Two Dead After Murder/Suicide, Standoff

Two people are dead after a homicide suspect took his own life during a standoff with police in Dearborn County overnight.


ISU continues to CARe about rape, sexual assault of youth

Jan Ratledge didn't know what to do so she found answers and became a volunteer to help others.


Police Searching For Non Paying Parents

Ian Preuth Police need help from the public tracking down two non-paying parents who owe nearly $40,000 in past due child support.


Read the whole story

Science, not emotion, should dictate energy decisions Americans know their nation needs to wean itself from foreign oil - and eventually from petroleum altogether - but seemingly can't agree on the steps ...


Blood drives this month all around the region

Numerous agencies, companies, families and even the city of Cincinnati are conducting blood drives, the Hoxworth Blood Center says.


A Model Lesson

Reprinted with permission from "Along the Maggid's Journey", Published by Mesorah Publications, Ltd.


Tri-State Officer Faces Charges

Last Update: 5/25 10:22 pm Jared Dausch Mug Shot Megan Wasmund Kerry Duke An Aurora police officer is in trouble with the law.


Aurora, Indiana Officer Arrested

A police officer finds himself on the other side of the law this weekend. Aurora, Indiana Officer Jared Dausch is charged with beating two women and driving drunk.


Gaffs have connection to Sayler Park, river

The Gaffs of Aurora, Ind., came from humble beginnings in Scotland and became the biggest beer and whiskey distillers in the United States. via Northeast Suburban Life


"The Only Things Certain Are Death And Taxes"

"Uh, death was here first, ha ha. I don't know who'll be here last."

Tomorrow is the day many people dread... tax day. April 15th might scare some of us half to death. via WKRC-TV Cincinnati


Indiana Suspect Turns Herself In

Reported by: Bob White An Aurora, Ind., woman accused of taking financial advantage of an elderly man surrendered to Boone County sheriff's deputies Sunday. via Kypost.Com


Spring Storm Brings Snow to Ohio, Pennsylvania

As predicted, the storm that started last week in Texas moved up the Ohio Valley on Saturday, bringing blowing snow over a foot deep in many places in Ohio, Indiana, Kentucky and Pennsylvania. via Lawrenceville Weather Blog


Police seek Indiana woman

BOONE COUNTY - Investigators are seeking an Indiana woman accused of bilking a man out of hundreds of thousands of dollars, and using the money to buy property in Boone County. via The Cincinnati Enquirer


Trying to Deal Cincinnati In

"The city of Cincinnati stands to lose millions of dollars in future economic development as a result of a casino across the river."

With Kentucky lawmakers considering a plan that eventually could allow casinos in Covington and Newport, Cincinnati officials are waging their own political battle to bring gambling to the Queen City -- though ... via Cincinnati CityBeat


Indiana Man Accused Of Breaking Into Home, Raping Victim

Dearborn County sheriff's deputies have arrested a man in connection with an alleged burglary and rape. via WLWT-TV Cincinnati


Nurse Gets 6 Years In Prison For Deadly Wrong-Way Crash

Web produced by: Neil Relyea A nurse from the Tri-state will spend six years in prison after she drove the wrong-way on I-75, killing another driver. via Cincypost.Com


United Community Bancorp Announces Cash Dividend

United Community MHC, the Company's mutual holding company parent, intends to file notice with the Office of Thrift Supervision of its intent to waive receipt of the dividend. via PR-inside.com


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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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