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PA Mortgage Refinance in Pennsylvania

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

Our loan specialists can customize a loan that is perfect for your needs. In no time at all, PA 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 Pennsylvania 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 PA 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 

Local mortgage refinance directory for PA :
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Oak Ridge Old Forge Orangeville Orviston
Oakdale Old Zionsville Orbisonia Orwigsburg
Oakland Mills Oley Orefield Osceola
Oakmont Oliveburg Oreland Osceola Mills
Oaks Oliver Orrstown Osterburg
Ohiopyle Olyphant Orrtanna Ottsville
Oil City Oneida Orson Oxford
Olanta Ono

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(800) 675-9783

Pennsylvania News
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Democratic presidential nominee Barack Obama is returning to Pennsylvania, a key battleground state.


Settlement over Mortgages Near

The Pennsylvania Attorney General's Office says ongoing negotiations over Countrywide Financial's subprime mortgages could lead to cash payments or other relief for thousands of customers in the state.


McCain losing ground with working-class whites

The steel mills and coal mines of western Pennsylvania helped fuel the nation's economic engine. Today, old factory shells and boarded-up storefronts stand as bleak reminders of those once-prosperous times.

But the voters in working-class enclaves such as this still are a sought-after prize in presidential politics, and many are belatedly coming around to Democratic nominee Barack Obama.

In the Democratic primaries, working-class whites consistently backed Sen. Hillary Rodham Clinton. Later polls showed them overwhelmingly favoring Republican nominee John McCain.


Group says many Pa. voters may be facing lines at polls

A lack of voting machines and poll workers could force some Pennsylvania voters to wait in line on Election Day, a group founded by civil rights lawyers warned Thursday.


PECO Commends Governor Rendell and Pennsylvania General Assembly for...

"We applaud the Administration and the Legislature for successfully addressing many of the energy issues facing Pennsylvanians," O'Brien said.


Counties weigh policies on buttons, T-shirts at polls

Some Pennsylvania counties are still sorting out their policies on wearing campaign buttons and the like in polling places in light of a recent state memo.


No compromise on state health coverage expansion

The prospect of expanding subsidized health coverage to thousands of uninsured Pennsylvanians before the end of the year died Wednesday, as Gov.


Obama holds advertising advantage over McCain

Barack Obama spent $3.3 million in TV advertising on Monday. At that rate the Democrat will spend more than $90 million on ads through Election Day _ more than all the money Republican rival John McCain has to spend on his entire fall campaign.

McCain's ad spending Monday totaled about $900,000 and the Republican National Committee weighed in with about $700,000 worth.

All whopping numbers, but the disparity between Obama and the Republicans is so wide that it has allowed Obama to spend in more states than McCain, to appear more frequently in key markets and to diversify his message by both attacking McCain and promoting his own personal story.


Pa. Legislature OKs electricity conservation bill

A heavily lobbied bill to cut electricity prices and encourage energy conservation easily passed the state Legislature on Wednesday as lawmakers rushed to ease the pain of disappearing rate caps for a growing ...


Legislature Passes Dog Law Overhaul

A bill intended to dramatically improve conditions for dogs kept in Pennsylvania's larger commercial kennels is heading to Gov.


Washington's Union Station celebrates 100 years with display

Less than 30 years ago, Union Station, the grand gateway to the U.S. capital, seemed to be going the way of the steam engine.


Contaminated coffee mix recalled

The following recall has been announced: -- Sunny Maid Corp. is recalling plastic bags of Mr.


Tickets Gone For McCain-Palin Pa. Rally Wednesday

Campaign officials say tickets have been snapped up for a Pennsylvania rally for Republican presidential candidate John McCain and running mate Sarah Palin.


Conveyor worker killed in Pa. quarry accident

The federal Mine Safety and Health Administration is investigating an accident that killed a 56-year-old employee at a central Pennsylvania quarry.


Pa. widow sues US over Iraq vet-husband's suicide

The widow of an Iraq war veteran who committed suicide while in outpatient care for depression at a Veterans Administration hospital has sued the federal government for negligence.


Some restaurants still in battle over smoking ban

Since taking effect nearly a month ago, Pennsylvania's new indoor smoking ban has resulted in hundreds of complaints and a long list of establishments that want to be an exception to the rule.


Ex-sailor to repay $18K over marriage scheme

A former Navy sailor will repay about $18,000 in fraudulent housing allowances he collected and serve three years' probation imposed by a federal judge in Pittsburgh in a marriage fraud scheme.


Moodya s says NEPA already in a recession

The Scranton/Wilkes-Barre/Hazleton metro area is in an economic recession, a leading financial research and consulting firm concludes.


The clock ticks on legislaturea s duty to perform

The Pennsylvania House and Senate reconvened Monday afternoon, with lawmakers giving themselves just three more days before closing the session and heading home to campaign.


PennDOT warns motorists of deer

It's deer season on Pennsylvania's roads and PennDOT officials urge drivers to beware.


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"Our family would like to thank Somerset Mortgage Lenders for getting us out of foreclosure. Without your help we do not know what would have become of our family. When we first called, we were in Chapter 13 bankruptcy...Not only will we now be able to keep our home, but we'll be able to put ourselves on track financially, thanks to all the efforts of the wonderful people at Somerset. We will be forever grateful to you all." - Scott & Amy
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