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Kennebunkport, ME Mortgage Refinance in Maine
We make it easy to get the lowest mortgage refinance interest rate in Kennebunkport, ME.
Our loan specialists can customize a loan that is perfect for your needs. In no time at all, Kennebunkport, 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 Kennebunkport, 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 Kennebunkport, 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
| Kennebunkport, Maine News |
Get your flu shot
BELFAST : Have you had your flu shot this year? If not, you have two more opportunities to protect yourself for the upcoming flu season.
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Hepatitis Outbreak Concerns Kennebunkport Parents
A recent outbreak of hepatitis A at Kennebunkport's Consolidated Elementary School has district leaders rethinking their notification policy.
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Candidates sought for new Kennebunk, Kennebunkport, Arundel school board
By Jan. 27, 2009, a new school board will be elected to represent the residents of Arundel, Kennebunk and Kennebunkport as part of the new RSU 57.
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SAT prep classes in Kennebunkport
Maine Prep's acclaimed SAT prep course will take place at the Graves Memorial Library, 18 Maine St., Kennebunkport.
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Kennebunkport Town Column and#8212; Nov. 20
For more years than I'd like to admit, reading a morning paper has been an important part of my day.
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3 places where you can find an authentic New England Christmas
Think Christmas, and often it's a Norman Rockwellish, New England-inspired image that comes to mind: fir trees, clapboard homes with smoke rising from chimneys, wreaths on doors, and, of course, a dusting of ...
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Old News: Terra not so firma in 1834
The slippery clay earth along the banks of the Kennebunk River has, more than once, slid into the channel changing the path it meanders.
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Animal Welfare Society in Kennebunk takes on 32 puppies
They've come hundreds of miles, hoping for a home - puppies from down south, brought to the Animal Welfare Society as part of their Paws Across America campaign.
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Kennebunkport Town Column and#8212; Nov. 13
We'll soon be seeing some closed signs on our favorite eating places in the Port.
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Joy to the world: holiday cards for 'any soldier'
Ellen Kerschensteiner, right to left, Margeaux Lavoie, and Emma Wilson, sign greeting cards for wounded soldiers in a Red Cross tent, as the nation observe its Veterans Day, Tuesday, Nov.
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Kennebunkport selectman to appear in court
Kennebunkport selectman and recent Maine State Senate candidate Kristi Bryant will have her day in court Dec.
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Kennebunk police log
Four 17-year-old juveniles were charged with minor consuming liquor after police received information in reference to intoxicated teens.
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The Beers of Autumn: Pumpkin Ale by Kennebunkport
Kennebunkport Brewing Company makes a pumpkin ale that seems to be an old-school member of the species: the bottle, at least, boasts wood-cut pumpkin art that conjures up an autumn harvest party.
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Kennebunkport voters approve ballot, RSU plan
Voters in town turned out both in huge numbers to vote in the national election and to support all five of the items on the local ballot.
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Long lines continue at polls in Kennebunks
Heavy voter turnout has been the news of the day in Kennebunk and Kennebunkport, and town clerks say it could get heavier yet before voting ends tonight.
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Wally Trophy
At just more than one-foot tall with a classy brass finish, he stands on a solid wooden platform and is the most sought after man in the world of NHRA POWERade drag racing.
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Social Security building closes after roof leaks
The first sign of trouble came at about 2:30 a.m. Sunday when a security company's motion detectors picked up movement inside the Social Security Administration office.
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A Kennebunkport haunting
"I was awakened from a sound sleep and saw this figure of a Quaker lady surrounded by a gray haze.
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Kennebunkport police log
Rachel Olinger, 20, of 6 Old Meserve Lane, Limington, was charged with speed pursuant to an observed motor vehicle violation.
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Sullivan, Bryant face off over senate seat
State Senator Nancy Sullivan said she has experience on her side. A two-term senator, the Democrat also served three terms as a state representative and can point to her many accomplishments to why she should ...
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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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