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Aiken, SC Mortgage Refinance in South Carolina

We make it easy to get the lowest mortgage refinance interest rate in Aiken, SC.

Our loan specialists can customize a loan that is perfect for your needs. In no time at all, Aiken, SC 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 Aiken, South Carolina 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 Aiken, SC 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 SC

Call for COMPLETE details NOW!

(800) 675-9783

Aiken, South Carolina News
South Aiken teacher charged in crimes against student

A South Aiken High School teacher has been charged with contributing to the delinquency of a minor and assault and battery of a high and aggravated nature.


Aiken County Will Not Use Taxpayer Dollars To Put Fence In Front Of Junkyard

There was a plan to use public money to put a fence around a private junkyard. Aiken County Council was in favor of that idea, until Tuesday night.


Senators request audit of unemployment agency

Aiken Sen. Greg Ryberg said Thursday he and 17 other Republican senators asked the Legislative Audit Council to examine how the commission manages its resources and complies with regulations.


Crime Alert: Traffic stop leads to big drug bust and $77,000 cash

AIKEN, S.C. a ' A traffic stop turned into a major drug bust late Tuesday night in Aiken.


Two charged with safecracking at laundromat

An Aiken man charged with stealing coins from a York Street laundry early Tuesday told police he needed the money to pay for a traffic ticket he recently received from the same officer investigating the theft.


Aiken Prep has received two accreditation memberships

Aiken Preparatory School has received two major accreditation memberships - the Southern Association of Colleges and Schools and the Southern Association of Independent Schools.


South Aiken grad making a difference

Mark Pittman has two passions in his life - the pursuit of a medical degree and a strong interest in working with underserved populations.


Aiken County Animal Shelter In Need Of Adoptions

Animal troubles for Aiken Countyas the economy goes down, the amount of cats and dogs being left to fend for themselves is going up.


Search Warrant At Aiken County Hotel Sends Two To Jail

According to Lt. Troy Elwell, on December 31st, Aiken County Sheriff's Office investigators arrested two individuals after executing a search warrant at a local hotel.


Aiken checking for DUI's

Because New Year's Eve can be such a dangerous time on the roads, Aiken is increasing patrols to keep drivers safe.


Hahn Village shooting sends teen to hospital

Aiken Public Safety tells NBC Augusta a 19-year-old was shot in the head early Thursday morning.


Aiken prepares for 10th Antiques Show and Sale

Aiken will once again become a regional fine art and antiques destination when the 10th annual Antiques in the Heart of Aiken comes to the Aiken Center for the Arts, Jan.


12 more arrested in Aiken drug bust

As a result of a three-month undercover drug investigation, the Aiken County Sheriff's Office, arrested 12 more people late Monday at a home at 155 Kip Road, in North Augusta, South Carolina.


New Year's Eve Checkpoints and DUI Enforcement Planned

In addition to the checkpoints motorists can expect additional officers assigned to the detection of impaired drivers on the roadways throughout the City of Aiken.


Investigators find cocaine, marijuana, guns during arrest

Narcotics investigators seized cocaine and marijuana valued at more than $10,000, guns and cash during a search Monday at a Snipes Pond Road home, officials said.


Aikenite on death row heads back to court

The South Carolina Supreme Court has again ruled that former Aikenite Donney S. Council will return to court for a sentencing hearing after his death sentence was struck down.


Drugs, guns found during bust in Aiken

A man charged with dealing drugs in Aiken is in jail Monday. After a two month investigation Aiken County deputies raided the home of Robbie Seigler on Snipes Pond Road.


Only on 12: Aiken County investigators looking into another arson case on Westover Drive

Jesse Williams says he remembers the night his neighbor's home went up in flames just like it was yesterday.


Third suspect nabbed in murder investigation

A third individual has been arrested in the murder of a 61-year-old Aiken man who was found dead in his home last Saturday.


Aiken Gas Drops To $.91 Per Gallon

It was just a few months ago we were paying more than 5 dollars a gallon. Not anymoregas in Aiken tonight is less than one dollar.


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With Somerset's many FHA home loan programs, owning your dream home is more than just a dream.
 
"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
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