Accokeek, MD Mortgage Refinance in Maryland
We make it easy to get the lowest mortgage refinance interest rate in Accokeek, MD.
Our loan specialists can customize a loan that is perfect for your needs. In no time at all, Accokeek, MD 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 Accokeek, Maryland 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 Accokeek, MD 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.
" Traditional banks make their customer fit the loan; at Somerset Mortgage Lenders we make our loan fit the customer. "
Return to mortgage refinance in the state of MD
| Accokeek, Maryland News |
The bigger picture
Last month, the Prince George's County sheriff's department broke open the front door of the Berwyn Heights mayor, shooting and killing his two dogs as part of a drug raid - only to announce that the mayor and ...
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Hundreds enjoy 162nd year of homey hospitality
May Howard, left, and Elsie Richards enjoy the food and live music under shade trees during the 162nd annual festival at Christ Church, Durham Parish in Ironsides on Saturday.
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Prince George County Police Have a History of Violence
In Hudson v. Michigan , Justice Antonin Scalia wrote: "[M]odern police forces are staffed with professionals; it is not credible to assert that internal discipline, which can limit successful careers, will not ...
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Deadly Drag Race
For the past two weeks, I've been able to get an inside look at the details surrounding that deadly drag race in Accokeek back in February.
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View the whole story
Circuit Court Judge William Missouri set $200,000 bail for Darren Jamar Bullock, 20 and $120,000 bail for Tavon Taylor, 18, Monday following their July 29 indictment on 10 counts in the case of a Feb.
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Men Charged In Street Racing Deaths Granted Bond
A Circuit Court judge has granted bond for two men charged in a February crash that killed eight people in southern Maryland.
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ABC 7 News - Trial Begins for Two Alleged Street Racers
Friends and family of 21-year-old Darren Bullock and 18-year-old Tavon Taylor spilled out of the Prince George's County courthouse today after a judge set bond for the two men at $200,000 $120,000, ...
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EXCLUSIVE: Street Racing Survivors Speak
ACCOKEEK, Md. Joe Lofty and his 13-year-old son Jo-Jo were among at least 100 spectators along Route 210 to watch a street race.
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Street Racing Accident Spurs A Nightmarish Recovery
Gregory Johnson Jr., 16, the youngest victim of the Accokeek street racing accident.
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Mom Reacts To Accokeek Indictment
The mother of one of the victims of the Accokeek street racing tragedy speaks out about her loss.
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Prosecutor surprised at street racing's popularity
Before the Feb. 16 illegal street racing crash on Indian Head Highway in Accokeek, Prince George's County State's Attorney Glenn Ivey said he hadn't been aware of how popular the illegal races are.
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Two charged with manslaughter in street racing deaths
Two Waldorf men were charged Tuesday with manslaughter and reckless driving for their part in an illegal street race that led to the deaths of eight people in February in Accokeek.
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2 Indicted In Street Racing Deaths
Two men were indicted in the deaths of eight people who had gathered to watch an illegal street race in southern Prince George's County.
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1. It's unclear who might be charged in street racing deaths, sources days
Jul 28, 2008 12:00 AM by Freeman Klopott , The Examiner 10 hrs ago: It's unclear who might be charged in street racing deaths, sources days 1 day ago: Kent police say 80 arrested om street racing bust Family ...
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Indictments
A Charles County grand jury has issued the following indictments: Dion Lamont Johnson, 38, of Waldorf was charged with possession of narcotics with intent to distribute, drug possession and making a false ...
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Meet the ultimate 'proud cheapskate'
The burgeoning cheap-pride movement began on a back road in Accokeek, Md., with a goof named Jeff Yeager, who retired from Washington nonprofit work several years ago and answered the cosmic calling to be the ...
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Food pantry struggles to continue giving
For Brandywine resident Dawn Bowling and many others, Community Support Systems Inc.
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John B. 'Jack' Humphries
HEBRON -- Jack Humphries, 76, died Wednesday, June 11, 2008, at his home in Hebron after a lengthy battle with leukemia.
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Weather Q&A,
Meteorologist, Capital Weather Gang Monday, June 9, 2008; 2:30 PM Steve Tracton of the Capital Weather Gang was online Monday, June 9 at 2:30 p.m. ET to take your questions about the heat -- why is it like ...
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Hot tickets
The Sanford Concert Series will present ''Sounds of Tomorrow" at 7:30 p.m. June 8 at St.
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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
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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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