ME Mortgage Refinance in Maine
We make it easy to get the lowest mortgage refinance interest rate in ME.
Our loan specialists can customize a loan that is perfect for your needs. In no time at all, ME 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 Maine 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 ME 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.
Return to our mortgage refinance page
Call for COMPLETE details NOW!
(800) 675-9783
| Maine News |
Gov. Baldacci Discusses Cuts In Radio Address
Gov. John Baldacci said there were no easy choices in the cuts he ordered this week in the first step toward addressing a $140 million-plus budget shortfall.
|
Maine pension assets lose $3B
Maine's general fund shortfall for the present fiscal year will be $140 million, close to the worst expectations of state revenue experts, officials said Friday as new unemployment figures reflected the ...
|
Maine Budget Shortfall Pegged At $146 Million
It's official. Maine's revenue shortfall for the present fiscal year is close to the worst expectations of state economists.
|
Maine county region's lone McCain stronghold
There are 65 counties in New England. Only one - Piscataquis County in northern Maine - went for Republican John McCain in the Nov.
|
More Mainers Looking for Assistance
Figures from the U.S. Department of Agriculture indicate 13.3% Maine households were having difficulty getting adequate food even before the economic slowdown.
|
Cuts hit schools, services
Gov. John Baldacci on Wednesday ordered nearly $80 million in curtailments in state programs, with education and human services programs absorbing the bulk of the impact of cutbacks that result from an ailing ...
|
Baldacci Announces Cuts
Gov. John Baldacci is ordering nearly $80 million in curtailments in state programs, with education and human services programs absorbing the bulk of the impact.
|
Maine recounts called off
"Sorry, repmma is correct and I have to retract my statement about there not being thousands of bike " "I agree with the above comments.
|
Mainers Adjust To New License Rules
New rules to get or renew a Maine license or state identification card went into effect Monday.
|
Mainer Sheds 140 Pounds To Be Accepted By Marines
A Lewiston man who shed 140 pounds in order to join the Marines is headed to Parris Island, S.C., to begin boot camp.
|
Gov. Baldacci To Visit Toronto For Trade Mission
Gov. John Baldacci is headed to Toronto later this week as part of a two-day trade mission to Canada.
|
In Maine, bishop pans gay marriage
In Maine, bishop pans gay marriage PORTLAND, Maine - The leader of Maine's Roman Catholic diocese issued a letter to be read at weekend Masses opposing gay marriage.
|
Maine Writers & Publishers Alliance Hosts Manuscript Pitch Session:...
Maine Writers & Publishers Alliance Hosts Manuscript Pitch Session: Limited to 75 participants, Register early Released 11/12/08 Do you have a manuscript or book proposal? Are you looking for a publisher or ...
|
Recount upholds result of Maine state Senate race
4 election had Simpson, of Auburn, unseating Snowe-Mello, of Poland, 10,019 votes to 9,917 votes.
|
New Restrictions To Get Maine Driver's License
The second of two state laws adopted in April to tighten regulations for getting a driver's license goes into effect Monday in Maine.
|
Hannah Pingree nominated for speaker
State House Hannah Pingree nominated for speaker Maine House Majority Leader Hannah Pingree, D-North Haven, smiles as she is congratulated for her nomination as speaker of the house for the upcoming two-year ...
|
Former UMaine student arrested on hacking charges
Dentist: Taxpayers shouldna TMt Former UMaine student arrested on hacking charges ORONO, Maine a ' A former University of Maine student who may have illegally gained access to more than 200 University of Maine ...
|
Ministers Express Support for Same-Sex Marriage in Maine
"MainelyMe, You have one heck of a memory. I wish mine was like that." "Because I have to take it off everytime I stop and get a cold one out of my cooler.
|
Maine Voters Deliver Strong Message On Taxes
After a couple of failed attempts, tax foes finally mustered a victory in a statewide referendum to rein in taxes in Maine.
|
Parties elect legislative leaders; Weston not returned as minority leader
AUGUSTA : Republicans and Democrats in the Maine Senate installed leaders Monday, Nov.
|