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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 TX

Call for COMPLETE details NOW!

(800) 675-9783

Alice, Texas News
A lifetime love affair with flying

Maxine Flournoy climbs into the cockpit of a plane during her time as a WASP. Just before noon last Wednesday at the U.S. Capitol, 88-year-old Maxine Flournoy was among many of her former military pilot colleagues honored with the Congressional Gold Medal for their service as Women Air Service Pilots, or WASPs, during World War II.


the Presidency by Hugh Sidey: L.B.J.: The Softer They Fall

One of Lyndon Johnson's sidesplitting acts when he resided hereabouts was on George Parr, the "Duke" of Duyal County in Texas.


Business datebook: 03.07.10

Primerica is hosting a seminar on a oeYes, You Can Be An Entrepreneura at 7 p.m. Tuesday at the ValueBank Tower, 3649 Leopard St., Suite 512.


Big party for a little house

Children sang 'Happy Birthday' and munched on cupcakes Tuesday morning at the 100th birthday celebration for the newly restored Dietz Doll House on Conservation Society property at the corner of River and Live Oak streets.


Alice mayor Rito Silva to resign

Silva, 43, the current director of Coastal Bend Collegea s Alice campus said he will leave his job and the mayora s seat he has held since 2009, next month.


YouNews: Employees at Barr Iron&Metal in Alice,TX

JILL MRAZEK, SECRETARY AT BARR IRON AND METAL IN ALICE,TX INTERVIEWS SOME OF THE OTHER EMPLOYEES ON HOW THEY FEEL ABOUT THEIR JOBS Add a comment Name: Comment: 250 Characters Left KIII TV3 - News, Sports, Weather and its affiliated companies are not responsible for the content of comments posted or for anything arising out of use of the above ...


Fundraiser of blessings for Metro Ministries

Contributed photo Amber Gouzien , Veronica Perez, Callie Ahuja and Rebecca Canales were among those who attended a party for donors and friends of the YWCA at Ahuja's home on Feb.


Kevin Myers and the TMA

Another artist to be interviewed is Kevin Myers who is nominated in the category of the Rising Star Award.


Man arrested on three felony burglary charges

Tiger Woods: "I have a lot to atone for" Golf superstar heads back to therapy after speech CORPUS CHRISTI - Alice police arrested a man Friday on suspicion of burglary who they suspect stole 30 industrial radiators and may have had help.


School notes: 02.15.10

On Jan. 30 the National Association of Women in Construction held their annual Block Kids Program at Prescott Elementary School.


Three Jim Wells County women charged with voter fraud

Cynthia Lopez, 46, Norma Lopez, 50, and Zaida Bueno, 55, face misdemeanor charges related to illegal possession of fewer than 10 ballots each, said Attorney Generala s spokesman Tom Kelley.


South Texas' killer roadsU.S. 281 in Jim Wells County is area's deadliest road

Killer Roads is a two-day series on traffic fatalities in the Coastal Bend and across the nation from 1994-2008. All the stories, video and databases from the series can be found at www.caller.com/killer_roads/ . Some of the items you will find: List of traffic fatalities from 1994-2008 for each county in the U.S. along with the cause for the ...


Water on roadRain to continue, meteorologists say

Because clouds return Sunday with rain wanting to invite itself to your Super Bowl party.


Two undocumented immigrants killed in early morning rollover

Investigators aren't releasing the names of the accident victims, but five, including one of the dead were from Kosovo, said Texas Department of Public Safety Sgt.


Miller, T-M remain 4A for UIL realignment

Where to find the schools in your district for next season: - Miller and Tuloso-Midway will not be moving to 3A, but Rockport-Fulton will in the latest University Interscholastic League realignment Monday.


Man and Woman of the Year

Lilia Escajeda and Gary Pitner stand with a copy of the Amarillo Globe-News cover from Jan.


Wreck kills Alice woman driving grandson to school

Diamantina Gonzalez Ruiz, 59, was driving west on Farm-to-Market Road 2044 when she tried to turn her 2005 Dodge Neon south onto State Highway 359.


Alice breaks ground on $4.5 million worth of sewer and water improvements

The city will use federal stimulus funding that came through the Texas Water Development Board to build a major sewer line, which will connect smaller sewer lines to the city's Southside Wastewater Treatment plant.


Jail Assault Suspect Speaks Out

A 21-year-old Alice man said he plans to file a civil lawsuit against a DPS Trooper who he claims beat him up during an arrest.


Copper Theft Ring in Jim Wells County

Investigators are starting to see a rise in copper theft in Jim Wells County. They believe it's because the price for copper is on the rise again.


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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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