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

Call Now

(800) 675-9783

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

Theresa, Wisconsin News
Step-up Therapy for Children with Uncontrolled Asthma Receiving Inhaled Corticosteroids

Robert F. Lemanske, Jr., M.D., David T. Mauger, Ph.D., Christine A. Sorkness, Pharm.D., Daniel J. Jackson, M.D., Susan J. Boehmer, M.S., Fernando D. Martinez, M.D., Robert C. Strunk, M.D., Stanley J. Szefler, M.D., Robert S. Zeiger, M.D., Ph.D., Leonard B. Bacharier, M.D., Ronina A. Covar, M.D., Theresa W. Guilbert, M.D., Gary Larsen, M.D., Wayne ...


Voster, Louis J. 'Louie'

On Feb. 23, 2010, at the age of 94, Louis took his beloved wife's hand and she led him to his Lord and Savior.


Knudson, Beverly Velare

Beverly Velare Knudson, 72, Carlton, crossed the rainbow bridge into her Heavenly Father's arms at 9:33 p.m. from her home Thursday, Feb.


Forestville: Nominate leaders by March 3 deadline

Do you know a ninth-, 10th- or 11th-grade student from any Door County school who has strengths that identify them as leaders or potential leaders within their social circles and school activities? Teen Leadership Mission will be from noon to 3:30 p.m. March 17 at the Northeast Wisconsin Technical College Sturgeon Bay campus.


Catholic schools try to make ends meet

Rural Catholic schools are trying different means to keep afloat in this economy.


FdL man, 35, charged with 5th drunken driving offense

JUNEAU - A 35-year-old Fond du Lac man has been charged with his fifth drunken driving offense.


Theresa man gets jail for battery

JUNEAU - A 29-year-old Theresa man will spend time in jail for beating his ex-girlfriend's boyfriend.


Wisconsin's Safe Haven Law Continues To Evolve

POSTED: 7:15 pm CST February 8, 2010 UPDATED: 10:10 pm CST February 8, 2010 To see just how bad the economy has been, all you have to do is look at an unlikely statistic -- the number of babies turned over under the state's safe haven law.


Merle Alois Steger

Merle A. Steger, 81, of 319 Dayton St., Mayville, Wis., passed away peacefully on Saturday, Feb.


Jasken, Francis

Francis Jasken 'Fitch,' 'Franny,' 89, Appleton, passed away peacefully Friday, Feb.


Brussels column: Benefit concert will help Raise the Roof on Waniger School

A concert, 'Raising the Roof,' to benefit the Waniger School, a project of the Southern Door School Archives committee, will be at 7:30 p.m. March 13 at the Southern Door Community Auditorium.


'Alter Egos' to open at ARTspace Kohler

'Alter Egos,' an exhibition of new collaborative paintings by Wisconsin artists Kelli Hoppmann and Theresa Abel, opens Saturday, Jan.


Lomira woman gets probation for injuring daughter, 3

JUNEAU - A 34-year-old Lomira woman accused of hitting her 3-year-old daughter in the face with a spoon has been found guilty.


My View - Waving 101: Tips for Dodge County

People don't wave like they used to. At the risk of sounding like a fist-shaking old man, I declare it to be true.


Edward Beach Weisse

Edward Beach Weisse passed to his new life on Tuesday evening, January 12, 2010.


Dodge County Disturbance

A 47-year-old Dodge County man is behind bars after a stand off with police lasting nearly six hours.


New Year's Day standoff brings charges

A 47-year-old Theresa man has been charged with disorderly conduct for an alleged standoff off with police on New Year's Day.


6-hour standoff in quiet town

Trained negotiators were able to talk an armed man out of his home after a 6-hour standoff on New Year's day.


Man in custody after standoff in Theresa

A 47-year-old Theresa man remains in custody following a six-hour standoff Friday afternoon with the Dodge County SWAT Team.


Standoff shuts down Highway 175 through downtown Theresa in Dodge Co.

The Dodge County Sheriff's Department tells FOX6 News Highway 175 is shut down through downtown Theresa.


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.
Free Rate Quote
 
"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
© 2006 Somerset Investors Corp. All rights reserved.
Home | Mortgage Glossary | About Us | Mortgage Blog | Contact Us | Privacy Policy | State Licensing | Search | Links | Link to us | Site Map
Mortgage Calculators | Refinance | Purchase | FHA | Reverse Mortgage | Divorce Buyout | Debt Consolidation | Testimonials | Employee | Top 100 Mortgage Companies
Equal Housing Lender Member of the Better Business Bureau (BBB) Member of the National Reverse Mortgage Lenders Association (NRMLA) ADD YOUR SITE, BOOST YOUR TRAFFIC. Alexa Traffic Ranking
 
close