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Shrewsbury, NJ Mortgage Refinance in New Jersey

We make it easy to get the lowest mortgage refinance interest rate in Shrewsbury, NJ.

Our loan specialists can customize a loan that is perfect for your needs. In no time at all, Shrewsbury, NJ 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 Shrewsbury, New Jersey 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 Shrewsbury, NJ 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.

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 NJ

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Shrewsbury, New Jersey News
Should they stay or go?

By Jacqueline L. Urgo Inquirer Staff Writer SEA BRIGHT, N.J. - The Monmouth County rivers where they frolicked all summer are now about 40 degrees, and their primary source of food has disappeared.


Fluke anglers bracing for another rules hit

The Mid-Atlantic Fishery Management Council has proposed a coastwide summer flounder regulation of a 20-inch minimum length with a two-fish possession limit, and a season from May 1 to Sept.


Federal officials say they won't relocate dolphins

The water is quite cold in the Navesink and Shrewsbury rivers these days, and it's uncomfortable for the dozen bottlenose dolphins that have resided there since June, according to a marine mammal advocate.


Man charged with burglaries in Little Silver, Shrewsbury

Police here teamed with their counterparts in Shrewsbury to arrest a borough man charged with three area burglaries, authorities said.


Third dead dolphin found; not part of river pod

Another dead dolphin has been found in the waters off Monmouth County. But this one was not part of a family of wayward dolphins whose presence in the Shrewsbury River has animal rescuers worried.


In Memoriam

Sophie Zohovetz Barnes, age 80, of Shrewsbury died November 16 at her home. She was born and raised in South River and lived in East Brunswick and Toms River before moving to Shrewsbury six years ago.


Red Bank Regional to debate conduct code

Dec. 3 will be a busy night for the Red Bank Regional High School's Board of Education, which will debate changing how class rank is reported and changes to its code of conduct for athletes and students in ...


SIGVARIS Congratulates 18 Newly Certified SIGVARIS Compression Therapy Fitters in New Jersey

East Brunswick, NJ - Eighteen compression therapy fitters, durable medical equipment retailers and medical professionals came together on October 23, 2008 at a SIGVARIS fitter seminar held at the Hilton East ...


Almanac

MONMOUTH CAMERA CLUB EXHIBITION at Middletown Main Library, 55 New Monmouth Rd. Exhibit runs through Nov.


Feds try to hear what wayward NJ dolphins hear

Dakota County authorities have identified the victim of a weekend fatal rollover crash.


QUATTLEBAUM- MAROLDI

Bernadette Petrella, here, and Mr. and Mrs. Michael Maroldi, Middletown, N.J., have announced the engagement of their daughter Blaisa Maroldi, Middletown, to Michael J. Quattlebaum, son of Michael and Regina ...


Psychiatrist: Man who killed wife in '88 is doing 'extremely well'

A psychiatrist today said a former Somerset County man has been doing "extremely well" with his treatment in the years since he was declared not guilty by reason of insanity for fatally stabbing his wife more ...


County wants to hear your ideas

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Where can you find the state's largest trees?

Trees have many ingenious ways of spreading their seeds, including gravity, wind, water or using animals to carry the seeds to some faraway place.


RBR Student Wins Perry Award

Little Silver, NJ - Red Bank Regional Visual and Performing Arts student, Matthew Dubrow was recently honored by the New Jersey Association of Community Theatres in receiving its coveted Perry Award for .


Race gives schools run for the money

Call it "running for your educational dollars." An estimated 2,500 runners shelled out the $15 application fee Saturday morning to place their toe on the starting line for the 19th annual "The Great Race of ...


CPC volunteers create quilt for raffle Oct. 27

For the past 22 years, the volunteer Quilters of CPC Behavioral Healthcare have been motivated to help children and families by creating their annual hand-made quilt to raise funds for CPC Behavioral ...


Feds won't try to move out dolphins, and officials voice concern

Federal wildlife officials say they will not move a pod of bottlenose dolphins living in the Shrewsbury and Navesink rivers in Monmouth County since summer, opting instead to continue monitoring them.


APNewsBreak: Feds won't move NJ river dolphins

New Jersey's wayward dolphins won't be removed from two rivers near the Jersey shore.


Almanac

SHREWSBURY PLAYERS DESSERT THEATRE PRESENTS "A BAD YEAR FOR TOMATOES" at the Presbyterian ChurchHouse, 352 Sycamore Ave., on Oct.


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