Portsmouth, NH Mortgage Refinance in New Hampshire
We make it easy to get the lowest mortgage refinance interest rate in Portsmouth, NH.
Our loan specialists can customize a loan that is perfect for your needs. In no time at all, Portsmouth, NH 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 Portsmouth, New Hampshire 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 Portsmouth, NH 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 NH
| Portsmouth, New Hampshire News |
Suicide prevention group forms in Portsmouth
Within two hours, community leaders and interested residents formed a coalition to address the city's swelling suicide rate, chose a leader, outlined goals and scheduled the next meeting.
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the music of Pat Metheny in Dover;The Divorced release new disc in Portsmouth
A collection of talented Seacoast jazz artists will celebrate the music of guitar virtuoso Pat Metheny at the Barley Pub in Dover on Sunday, Nov.
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What's happening in Portsmouth
The city's annual report recently received first place for Excellence in Annual Reports in the N.H. Local Government Center's annual competition for its report for the 2007 budget year, the city's first ...
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Representative hopes for same-sex marriage
The lawmaker who sponsored New Hampshire's civil union bill will push next year to bring same-sex marriage to the state.
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Cunningham grand marshal for Portsmouth holiday parade
Local historian, scholar, author and Portsmouth Black Heritage Trail executive director Valerie Cunningham has been named grand marshal of the city's holiday parade themed Vintage Christmas in Portsmouth on ...
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Man charged with DWI in Portsmouth; car was dragging hydrant
Thirty-three-year-old Jeremy Aron was charged with drunken driving early Friday.
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Glitches fixed, Portsmouth bridge reopens
The Sarah Mildred Long Bridge over the Piscataqua River in Portsmouth, N.H., reopened last week after a two-week, $1.3 million rehabilitation.
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Across the Universe at The Music Hall in NH
The Music Hall in Portsmouth, New Hampshire presents the December Extraordinary Cinema lineup including some potential Oscar contenders Rachel Getting Married and A Girl Cut in Two.
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Portsmouth woman wins senior pageant
Dianne Durkin was talking the talk before the Ms. New Hampshire Senior America Pageant, and now she is unquestionably walking the walk, making three public appearances within her first 48 hours of being crowned ...
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Pulitzer Prize winning author to visit Portsmouth Peace Treaty Forum
Samantha Power, author of "Chasing the Flame: One Man's Fight to Save the World" is coming to Portsmouth on Dec.
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11/08 The Green Monkey, Portsmouth N.H.:Super Evening
The Portsmouth Music Hall has had a wonderful new restoration and we went up last night for a special program.
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Red Sleigh Bazaar helps usher in holiday season in Portsmouth
Craig Osborne/Citizen photo Gail O'Connor of Dover tries on a handmade hat during a Red Sleigh Bazaar Christmas Fair at the Middle Street Baptist Church in Portsmouth Saturday.
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The USS Albacore, Portsmouth NH
The Albacore is a post World War II experimental submarine now on display in Portsmouth NH .
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Portsmouth seeks more participants for annual holiday parade
With an unprecedented number of bands scheduled to perform in the Dec. 6 Illuminated Holiday Parade, the city is seeking additional walking units, horses and vehicles to participate in the festive procession.
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Portsmouth woman found dead in her apartment
A 28-year-old woman was found dead in her Cass Street apartment on Monday, but police say they are not treating the death as suspicious.
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19 apply to lead Portsmouth schools
Nineteen people have applied to become the next superintendent of the city's school system.
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Portsmouth police log
She had no suspects. 12:59 p.m. - A man called police because a car was blocking his driveway.
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Portsmouth's past continues to be found
The City of Portsmouth is showing proper respect and sensitivity to what might have gone before.
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Portsmouth Police Log
7:01 a.m. - Transported stray dog to the SPCA. 8:39 a.m. - Investigated a report about a man going through residents' trash barrels.
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Portsmouth woman an 'Iron Brides' TV finalist
A Port City woman was named a finalist on the "Iron Brides" TV show. "Iron Brides" is a New England based reality TV program originating in New Hampshire.
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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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"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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