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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

Bullock, North Carolina News
Photos: Reggie Bullock's State Title

North Carolina signee Reggie Bullock and Kinston High School won the 2A state championship Saturday at Reynolds Coliseum.


Sandra and I have one thing in common

The Academy Awards were Sunday night, and normally I don't pay that much attention to them.


The Green Scene: Know your beans

Every morning, an estimated 112 million to 115 million people in America consume at least one cup of coffee.


Sweepstakes cafes: coming to your low-income neighborhood

"$Money, Mo Money, Come on, Get it" On a recent weekday afternoon, a player at T&L Internet Cafe clicks his mouse, scores doubles and wins $1. When some of the older women customers hit doubles in the online version of a slot machine, the attendant says, they rub the screen for good luck.


Durham developer talks up Mill Village

If downtown Rocky Mount is to see an economic resurgence in the coming years, public officials will have to lead the charge, Michael Goodmon said Thursday during the Rocky Mount City Council retreat.


Local Producer Hopes for Oscar Win

Submitted by Candace Semmel on 2 February 2010 - 9:52pm. Along with Sandra Bullock's nomination for best actress, "The Blind Side" is also nominated for best picture.


NAACP youth members in service

On Martin Luther King Jr. Day, youth members of the Vance County branch of the NAACP provided a day of service to the residents of the Britthaven Nursing Facility and Green-Bullock Assisted Living Center.


PLUS! CRAZY sports videos, The latest animated version of the Leno / Conan / Letterman war

TIM MCGRAW IS SPORTING A NEW LOOK, AND HIS DAUGHTER'S DON'T LIKE IT! Looks like the Hollywood facial hair trend has hit Nashville too! Tim McGraw has already proven that he's just fine with changing up his famous good looks for a movie role - the country star shaved his goatee to play Sandra Bullock's husband in The Blind Side and packed on the ...


Knight, 3 UNC recruits on US hoop summit roster

Top-rated high school star Brandon Knight and three North Carolina signees will play for the USA junior select team in the Nike Hoop Summitt.


Oxford Police Department Log

Arrests a Ashley Boyd, 21, of 6547 U.S. 15 N., was booked Jan. 8. Misdemeanor larceny/shoplifting. No bond was set.


Oxford OKs 'ridiculous' license tax; cyber sweepstakes machines: $500 each

The City Commission voted 6-1 to tax cyber sweepstakes machines in Oxford. The commission majority's action came Tuesday evening after a dissent by a local businesswoman, Joetta Harb.


Vance County Sheriff's Office Log

Arrests a Reginald Harris, 39, of 141 Summer Shores Lane was served Dec. 30 with an order for arrest.


Charter school needs permit to locate; Henderson Collegiate to...

Charter school needs permit to locate; Henderson Collegiate to request OK for temporary site off County Home Road The Zoning Board of Adjustment will be hearing a request Tuesday for a special use permit by the future Henderson Collegiate Charter School to locate at a temporary site at the southwest corner of County Home Road and Health Center ...


'Swannanoa Solstice:' Al and Amy celebrate season with Wortham show

What a year it's been for Al Petteway and Amy White. Their music was given a national showcase on the public TV series 'The National Parks: America's Best Idea.' And now they are celebrating the season with their annual concert, 'A Swannanoa Solstice,' getting two performances Sunday at Diana Wortham Theatre at Pack Place, downtown.


Vance County Sheriff's Office Log

Arrests a Michelle Leigh Harris, 29, of Gholson Place was served with an order for arrest on Dec.


Who's the Next John Wall? Five High School Seniors to Watch This Year

Now that we have all seen Kentucky freshman phenom and future NBA draft No. 1 pick John Wall do his thing on the national stage, it's finally time for that question...who's next? These next five guys are players we should watch and be ready for in the upcoming year.


Henderson Police Department Log

Arrests a George Lee Bailey, 24, of 8022 Harta s Cross Road, Stovall, was arrested Dec.


Vance County Sheriff's Office Log

Arrests a Henderson Darnell, 44, of Lot 43 Pine Florist Drive was arrested Dec. 2. Misdemeanor assault on a female.


School name should honor late doctor; family asks that school bear name of James P. Green

The late Dr. James P. Green's name should grace the new elementary school in Vance County, three of the four speakers said Thursday night in a public hearing.


Lenoir County poverty rate among highest in state

April Bullock can't find employment in Lenoir County - and neither can Quadirah Barett, who moved to Kinston last month from South Carolina.


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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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