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Mortgage Refinance

We make it easy to get the lowest mortgage refinance interest rate in your area.

Our loan specialists can customize a loan that is perfect for your needs. In no time at all you 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 your area 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 you 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 down payment on your home was less than 20 percent. If your home equity has increased since your purchase, you may have enough equity to eliminate 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 NC

Call for COMPLETE details NOW!

(800) 675-9783

Balsam, North Carolina News
Smoky Mountain Center to offload psychiatric services

Smoky Mountain Center has begun the process of transferring its mental health services to private companies in a move that signals the advent of the latest overhaul to the state's mental health provider network.


SAHC to host hike at Cataloochee Ranch

The Southern Appalachian Highlands Conservancy and Cataloochee Ranch will host their first hike of the year March 10 on the ranch's Walhalla Trail.


Tuesday snow defies forecast, totals flirt with records

Yet another winter storm roared through Western North Carolina on Tuesday, making roads slick for weary motorists and shutting down schools across the region.


Sheriff candidate Fisher holds campaign kickoff

The Committee to Elect Don Fisher will hold a Don Fisher for Sheriff Campaign Kick-off at 7 p.m. Feb.


Benefit concert at HCC will help needy with heating costs

Haywood Community College, the HCC Foundation, and Champion Credit Union are sponsoring Share the Warmth benefit concert from 2-5 p.m. Sunday.


Southeast expected to see most stimulus job growth in 2010

It's exactly one year since the stimulus funding package passed and so far only a third of the $787 million has actually been paid out.


Take a hike with conservancy group at Cataloochee Ranch

The Southern Appalachian Highlands Conservancy will offer their first guided hike of the year on Wednesday Feb.


Balsam Range concert fund raiser for Shindig on the Green

The mountain-music concert headliners are Balsam Range plus Laura Boosinger and Bobby Hicks and the Cole Mountain Cloggers.


Weaverville man charged with cocaine possession, littering

Police say they caught a Weaverville man with a gram of cocaine. A Woodfin officer charged Alfred Balsam, 43, of Boyds Chapel Road, with possession of a controlled substance, according to a warrant served Tuesday.


Asheville, WNC get surprise snowfall

In keeping with the nonstop winter onslaught, Western North Carolina got a little more snow than it bargained for Friday.


ECO festival to mark Earth Day anniversary

Published: Wednesday, February 3, 2010 at 4:30 a.m. Last Modified: Tuesday, February 2, 2010 at 7:45 p.m. This April, Earth Day will reach its 40th birthday.


The Naturalist's Corner

The annual Balsam Christmas Bird Count was scheduled for last Saturday . However, scary weather conditions - snow, high winds and temperatures in the low teens - especially in the northern count area, caused the count to be canceled.


60-foot cross emerged from tragedy, miracles

A highly visible cross atop a mountain peak illuminates nighttime in the Balsam area of Haywood County.


Avett Brothers to play Merlefest 2010

The Avett Brothers, Elvis Costello, the Steep Canyon Rangers and Little Feat are among the acts booked at the 2010 Merlefest music festival in Wilkesboro, organizers have announced.


Mountain Heritage Day returns to Cullowhee

More than 50,000 people are expected to attend Western Carolina University's Mountain Heritage Day this weekend as hundreds of crafters, musicians, Native American stickball players, shaped note singers, woodcarvers, potters, food vendors and a 'who's who' of traditional regional culture spread across the campus.


Marker notes Civil War's last shots, fired near Waynesville

An impressive stone monument sits hidden in the shade of a dogwood tree in Hazelwood, outside of downtown Waynesville.


Festival a treat for all ages

The sound of bluegrass music and the smell of country barbecue filled the air at Pickin' in the Park held at the Fletcher Community Park Saturday night.


WCU student enrollment sets new record

Western Carolina University's student body has grown to 9,429 students - the largest total student enrollment in the university's history and a 4 percent increase from last year.


Pet Peeves going up in flames

Balsaman was bringing Burningman back to size and smiles at Baker Beach in San Francisco yesterday.


WNC relay's aim: Inform about air quality

For the second year in a row, Odell Thompson will get on his bike before the sun rises and ride nearly 50 miles from Newfound Gap in Great Smoky Mountains National Park to Balsam Gap on the Blue Ridge Parkway.


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"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
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