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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 WI

Call for COMPLETE details NOW!

(800) 675-9783

Almond, Wisconsin News
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When Katrina Isaacson says "you'll never see me bring a latte in here," you sense a level of determination that belies her gentle smile.


Todays government meetings

Portage County Executive/Operations Committee, 7 a.m., Conference Room D, County-City Building, 1516 Church St.


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ALMOND - Family Connections and the Almond-Bancroft Family Resource Center will hold a "Vitamin D" workshop from 6 p.m. to 7:30 p.m. Monday at Almond Elementary School, 1336 Elm St., Almond.


Todays government meetings

Town of Hull Finance Committee, 12:30 p.m., 4550 Wojcik Memorial Dr. Agenda includes renovation at Hull Municipal Building space/separation, investment to transfer savings into CD at River Cities Bank, rural Insurance approval of bill and report on delinquent personal property taxes, Web site design attendant.


Todays government meetings

Portage County Finance Committee, 7 a.m., Conference Room 1, Portage County Annex, 1462 Strong Ave.


Howard Johnson

Howard Richard Johnson died January 28, 2010, in Spokane, Wash. He was the son of Julius and Margaret Johnson, deceased.


Donald D. Thorson

LCDR Donald D. Thorson, 75, of 8055 County Road Z in Custer, passed away unexpectedly and peacefully at his home Monday, Feb.


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Karen K. Warner, 55, of Almond, passed away Thursday, Jan. 21, 2010, with her husband by her side at her residence.


Campus news

David Johnson of Almond and Michael Christ of Stevens Point graduated from the University of Wisconsin-Platteville during the winter commencement ceremony Dec.


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Sign language course offered

ALMOND - The University of Wisconsin-Stevens Point Sign Language Club will offer a course from 5 p.m. to 6 p.m. Feb.


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Sauer earns bachelor's degree Jillian Sauer of Stevens Point earned a bachelor's degree in recreation and sports management and a minor in community health from St.


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Police

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Couple celebrate 65th anniversary

Louise and Fred Lemke of Stevens Point celebrated their 65th wedding anniversary Oct.


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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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