Churchill Mortgage Corporation, a leader among mortgage companies in Tennessee, is offering free reports to help people looking to refinance their mortgages.
(prHWY.com) February 15, 2013 - Brentwood, TN -- Brentwood, Tennessee (December 23, 2012) - Churchill Mortgage Corporation, a
leader among mortgage companies in Tennessee, is offering free reports to help people looking to refinance their mortgages. This report introduces homeowners to the concept of refinancing, and to some things that must be considered before an application is made.
Home interest rates are at record lows. On the average, interest rates are hovering at around 4 percent. At these rates, homeowners can save up to $3,000 annually by refinancing their mortgages at present day numbers. However, there are many borrowers locked out of this opportunity.
Complex application procedures, eligibility qualifications, expensive appraisals, and the fact that some homeowners are in the red more than the value of their homes, makes it near impossible for millions of American homeowners.
Nevertheless, recent government announcements offer a ray of hope for people wanting to benefit from refinancing. Simply put, the plan is to grant improved access for homeowners to refinance their mortgages, even for homeowners who are "underwater," or homeowners that have mortgages that are higher than the values of their homes.
As
experienced Memphis mortgage lenders, Churchill Mortgage states that refinancing offers a way out for homeowners struggling to right their financial states. Refinancing their mortgages can lower their monthly payments, consolidate their debts, and even reduce the payment duration of the loan. Even if the home is "underwater," there are government programs that can help them get better terms.
Churchill Mortgage believes that home refinancing should be stress and hassle free. Refinancing can be very intimidating and daunting at the same time. For this reason, Churchill Mortgage believes that homeowners should be able to get all the information they need to make a well-informed and educated decision.
For more information, visit
www.Memphis.ChurchillMortgage.com today.
About Churchill Mortgage
Churchill Mortgage has earned a reputation as a mortgage company that can handle loans that others have failed to close. The company also offers a no cost refinance service to help people looking to refinance their homes, but is anxious about the closing costs.
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