Somerset Investors Corp. Mortgage Refinance, Reverse Mortage, Home Loan
  Reverse Mortgage Divorce Buyouts Debt Consolidation Home Improvement Purchase Refinance
Search Somerset:
Print this page    E-mail this page

Augusta, WI Mortgage Refinance in Wisconsin

We make it easy to get the lowest mortgage refinance interest rate in Augusta, WI.

Our loan specialists can customize a loan that is perfect for your needs. In no time at all, Augusta, WI 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 Augusta, Wisconsin 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 Augusta, WI 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 WI

Bad Credit? click here.

Call for COMPLETE details NOW!

(800) 675-9783

Augusta, Wisconsin News
Charges upgraded in beating death of woman

A substantial battery charge was upgraded Tuesday to felony murder against a Florida man in connection with the Oct.


Felony murder charge in Augusta woman's death

A felony murder charge has been filed against a man already accused of beating an Augusta woman who led a small religious group that opposes embalming.


Victim was investigated for homicide

Kathryn S. Padilla, the victim in an Eau Claire County homicide case, was the target of a police investigation several years ago related to a double homicide in Hudson.


Florida man suspect in battered woman's death

A Florida man suspected in the beating death of a rural Augusta woman he lived with is in the Mendota Mental Health Institute in Madison, according to court records.


Augusta woman's death under investigation

The Eau Claire County Sheriff's Department is investigating the circumstances surrounding the death of an Augusta woman.


Flu shots offered

Flu shot clinics are being offered by the following: - 2:30 to 4:30 p.m. Monday, Oct.


Around Town

Oakwood Hills retirement community is set to host a "Let's Talk Seniors" presentation at 4:30 p.m. and an Oktoberfest supper at 5:30 p.m. Wednesday at Oakwood Hills, 4316 Oakwood Hills Parkway.


Trip makes teen's 'wish' come true

Jennifer Jacobson didn't talk long about the heart disease that already has caused one of her lungs to quit absorbing oxygen.


Around Town

Oakwood Hills retirement community, 4316 Oakwood Hills Parkway, will host a presentation about preventing falls in the home at 3 p.m. Monday.


Around Town

The Eau Claire chapter of the American Association of University Women is collecting used books through Oct.


Public Library Director Certification Course Scholarship

Leslie LaRose is the winner of the Public Library Director Certification Course Scholarship offered by Continuing Education Services, UW-Madison SLIS.


Online

Value $1,400. Reported Monday. Eau Claire County Injury accident TUESDAY, 1:45 p.m., Highway AF at U.S. 12, town of Bridge Creek.


Amish men help firefighters battle blazes

It wasn't just firefighters that helped put out a fire in Augusta, Wisconsin on Wednesday.


1 Dog, 2 Cats Killed as House Burns to the Ground

No one was home when the fire started, but Chad and Vicki Boettcher say their cats Callie and Sassy and their Black Lab Max never made it out.


Road Construction

Here are the latest road construction reports in the Chippewa Valley, according to the Eau Claire Public Works Department and Wisconsin Department of Transportation: Eau Claire Under construction and closed to ...


Proposed Fee Increase Surprises Business Owners

A big increase for inspection and license fees could be on the way for many small businesses in Wisconsin.


Road Construction

Here are the latest street construction reports in the Chippewa Valley, according to the Eau Claire Public Works Department and Wisconsin Department of Transportation: Under construction and closed to traffic ...


Junior fair participants get animals ready for judging

By Simone Peloquin Sitting on the cool floor of a barn at the Eau Claire County Exposition Center, 10-year-old Jenna Meyer played with her rabbit Silky's ears and explained the proper show technique to impress ...


Junior fair participants get animals ready for judging

By Simone Peloquin Sitting on the cool floor of a barn at the Eau Claire County Exposition Center, 10-year-old Jenna Meyer played with her rabbit Silky's ears and explained the proper show technique to impress ...


Past Murders in Eau Claire

Friday's stabbing is the first murder in almost six years in Eau Claire. Police say all three of the most recent murders are unsolved.


Save time with our easy online mortgage application.
With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
 
"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
© 2006 Somerset Investors Corp. All rights reserved.
Eqaul Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA)