Athens, ME Mortgage Refinance in Maine
We make it easy to get the lowest mortgage refinance interest rate in Athens, ME.
Our loan specialists can customize a loan that is perfect for your needs. In no time at all, Athens, ME 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 Athens, Maine 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 Athens, ME 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.
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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 ME
| Athens, Maine News |
Acton developer proposing pellet plant
ACTON : Pat Hannon, owner of Pit Stop Mobil and Big Daddy's BBQ in Acton, said he wants to be compatible with the community.
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Rabies plagues Camden
"Because the brain needs to be intact" CAMDEN : Camden is breaking April rabies records in the state, thanks to three skunks and a grisly several days of duty for local police. via Village Soup
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Bright future
When you cross the Salmon Falls River from New Hampshire into southern Maine, you see a small gas station and a big sign: "Welcome to Berwick, Home of Prime Tanning." Before you get out your goggles, remember ... via Boston Globe
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Seven break-ins reported at UM
"There's no sign of forced entry in any of the rooms [and] police have no knowledge of missing keys" Seven burglaries of items totaling an estimated $8,000 have been reported at a residence hall at the University of Maine, according to UM spokesman Joe Carr. via Bangor Daily News
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Police log
Ashley Miriam Vile, 24, of 99 Cates Road, Dixmont, operating after suspension and violation of bail conditions, 12:54 a.m. Monday at 25 Main St. via Sun-Journal
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Savor seed catalogs on a rainy day
"Legend has it that this mushroom will give you steel nerves and the memory of a lion" In her book 'Onward and Upward in the Garden,' author Katherine White admits to being a seed catalog addict. via The Morning Call
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Dedication at U.S. Embassy in Athens Held for OEST Project...
January 2008 Joana and Harvey OEST attended a dedication ceremony with the U.S. Ambassador to Greece, Daniel Speckhard, for the recently completed "Stone and Water Garden" installation at the United States ... via MaineToday
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Sandy River Players will stage 'Oliver!'
Sandy River Players will present Lionel Bart's "Oliver!" - the musical adaptation of Charles Dickens' classic - Jan. via Sun-Journal
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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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"...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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