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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

Aubrey, Texas News
Police nab sex offender in Craigslist harassment

Police arrested 31-year-old Jeremy Daniel Wicker and booked him into city jail Thursday on charges of harassment and making a terroristic threat.


Preschool options expand

The Denton school board has unanimously approved a recommendation for pilot preschool and pre-kindergarten programs at two elementary campuses along the U.S. Highway 380 corridor.


News for Denton County, Texas

"Do you understand?" asked Eden Dankowski. "Sir, yes sir!" shouted the 12 recruits lined up to go to group therapy at Get Motivated Boot Camp off New Hope Road in Aubrey.


a young woman from Texas

When it comes to setting goals, this world champion isna t horsing around. Name: Emily Winegar Age: 15 Location: Aubrey, Texas Major Accomplishments: Crowned American Quarter Horse Youth Association World Champion in 2009; named the National Reining Horse Associationa s Youth of the Year in 2008; Palomino Horse Breeders Association Youth World ...


One injured in Denton County house fire

One man was transported by helicopter to a nearby hospital after a fire broke out at a home in the 500 block of Kenilworth Avenue in Oak Point, located in Denton County.


Les Cockrell: Events to ready facility for community service

The small building next door to the First Christian Church of Aubrey was once a favored gathering place for community events, and this weekend church members will officially restore the facility to its original purpose.


Providence plan gets boost

Providence Village leaders are ready to launch their petition drive and hope to call a May election to form a city.


Friday's list of closings 5:56 Am CT

As the temperature hovers just below the freezing mark this morning, most of the area's school districts are closed due to the inclement weather and more closures are expected.


Whiteout: Thick snowfall blankets region, forcing closures

Thursday's big, fat flakes slathered a heaping layer of snowy frosting on one of the wintriest North Texas winters in a while.


Snow falling, list of closings growing 8:12 Am CT

Denton ISD joined a growing list of school closing Thursday. Snow started falling in the southern edges of Denton County shortly before 4 a.m. this morning and is moving across the entire county and the North Texas region.


Briefly in the arts

Longtime Aubrey Area Library supporter Catherine Nipe participates in the Possibili-Tree mural project.


Helipad a welcome addition to medical facility

A new helipad debuted Thursday at the 24-Hour Emergency Room facility on U.S. Highway 380 near the Savannah development.


School Theft May Have Been Inside Job: Principal

The principal at The Education Center in Aubrey said she thinks the theft of hundreds of dollars from her office over the weekend could be an inside job.


Aubrey audit results favorable

Results of a recent financial audit were favorable for the Aubrey school district despite a state funding overpayment that could have resulted in a more than $1 million loss had it been overlooked during the 2008-09 school year, an audit report showed this week.


Lucinda Breeding: Public artwork graces library

The city of Denton installed its newest piece of public art Wednesday afternoon.


School closings 5:49 Am CT

Due to the inclement weather and icy road conditions, several Denton area school districts have announced closings for Thursday, Janurary 7, 2010.


End of work near in Aubrey

Finishing touches on a $34 million bond package approved by voters in 2006 are scheduled for completion by next week, weather permitting, Aubrey school officials say.


3 schools named to - elite list'

Three Denton school district campuses will be recognized during a mid-January awards ceremony for ranking among the state's high-performing schools, according to the National Center for Educational Achievement.


Blotter: Police seek suspects in two armed robberies

Denton police are looking for suspects in two armed robberies that happened Saturday.


Snow falls after all

Snow blankets a field near FM407 in Argyle amid high winds Thursday afternoon. Weather forecasters were surprised for the second time this year when the fluffy stuff began to fall at noon in downtown Denton.


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"I prayed day and night for a miracle...In less than a week, (Somerset) was able to stop the foreclosure and get a new mortgage for me. It was the best of times...I have Somerset Mortgage Lenders to thank until eternity for the miracle they were able to make come true." - Diane B.
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