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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

Bridgeton, North Carolina News
Commissioners get updates on road projects

Work on the southern leg of a U.S. 17 bypass around New Bern is about one-third completed, Craven County commissioners learned Monday.


Suspect in theft caught after brief chase

A 41-year-old Pamlico County man suspected in a theft was unsuccessful in his attempt to outrun lawmen Tuesday afternoon.


Reading: It can take you places

Within a circle of children seated on the carpet of New Bern Mall listening to a story read aloud by an Arapahoe Charter School teacher on Saturday, 4-year-old Julia Phelan was standing transfixed, her eyes wide.


Bridge crew, maintenance will cost city estimated $135,000 a year

Once the new Alfred Cunningham Bridge opens, it will require a crew to operate the controls for the 100-foot vertical-rise sections that allow boat traffic between the Trent and Neuse rivers.


End of N.C. 55 project open for traffic

Todd Bayles of Whortonsville returned from a Christmas visit to Virginia Saturday night and as he drove through Bayboro, he noticed something missing - orange construction barrels.


Better to give than receive

From all accounts, Mattie Frank has always been a giving child. Whenever she has an extra piece of candy or two toys, she shares with friends.


County beginning update of disaster recovery plan

Preparation for an updated plan to help Craven County and many of its cities and towns recover from a disaster was introduced to the Board of Commissioners this week.


Swing Zone closes, files bankruptcy

Swing Zone Family Fun Park, the miniature golf course off U.S. 70 between New Bern and Havelock, has closed its doors and filed for bankruptcy.


Memories fresh 68 years later for Pearl Harbor survivor

With the Great Depression winding down in the late 1930s, Tom Poole left New Bern to join the Navy.


Ellis-Puryear

Amber Ellis of Vanceboro and Jacob Puryear of Ernul were united in marriage on Oct.


DWI technicality could have far-reaching implications

An Ernul woman charged with DWI at a Feb. 28 checkpoint in Bridgeton is scheduled for trial in Craven County District Court on Dec.


At 90, Benton is countya s oldest elected official

The story of Raymond Benton is the story of a man who loves to work. And that is the simple answer he offers when he explains why, at 90, he is the oldest elected official in Craven County.


Public invited to dedication of judicial center

The dedication of the $31 million Craven County Judicial Center at Clarks is scheduled for 2 p.m. Friday, with public tours following official remarks.


Food drive begins Thursday

The New Bern Fire and Rescue Department will be collecting non-perishable food at all the Food Lion supermarkets in New Bern and Bridgeton starting Thursday.


Teen Barred From Abortion Protest Sues School

A New Jersey high school student claims in a federal lawsuit that school administrators violated her First Amendment free-speech and religious-freedom rights when they said she couldn't participate in a day of silent protest against abortion.


Local prices fall a bit

Gasoline prices remained near their highs nationwide for the year on Monday as a weaker dollar and rising global stock markets boosted oil prices.


Four Hurt In Craven County Head-On Crash

The wreck happened on Highway 17 North of Bridgeton around 3:00 p.m. and involved a SUV and a Volvo.


Defendant questions DWI checkpoint procedures

Questions about who was in charge at February cooperative law enforcement drivers checkpoint in Bridgeton is at the core of a Craven County woman's defense against a driving while impaired charge now in District Court.


Military award-winner has family in New Bern area

The winner of a prestigious military award for service in Iraq has family members in the New Bern area.


Canvass puts stamp of approval on Craven voting

New Bern Vote by Precinct Precinct Registered Vote Percent Grantham 2B 1,876 748 39.87 George Street 2,394 589 24.6 Fort Totten 2,740 377 13.76 Grover C. Fields 1,998 449 22.47 H.J. MacDonald 4,169 583 13.98 West New Bern 4,565 1,170 25.63 Provisional 22 Mail Absentee 69 Curbside 36 Results are now official from Nov.


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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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