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Mortgage Refinancing Help
: Regional: North America: United States: South Carolina: Metro Areas and Regions: Charleston Metro: Business and Economy
: Financial Services (6)
 Ask for the reissue rate on your title work. If you've taken a mortgage within the past two years, or are using the same lender, you might be granted this option, which can save you as much as 70 percent on your title work. An editor at this magazine didn't know about this potential savings when he refinanced his mortgage; fortunately his lawyer did. The savings more than covered the attorney's fees. However, if it's been several years since you took out a home loan, or if you're using a new lender, you'll likely have to pay for a new title.
 See also:
 The Bank of South Carolina »
Charleston based financial institution offering business and personal banking services; includes locations and service information.
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 Southcoast Community Bank »
Provides details on banking, insurance, and investment services; based in Mt. Pleasant with branches in Charleston, Moncks Corner, and Johns Island.
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 Community FirstBank »
Provides lending and banking services for businesses and individuals; includes account access, details on products, location and contact information.
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 Johnson & Johnson, Inc. »
Family owned and operated business offering personal and commercial lines of insurance. Includes areas of coverage and upcoming events. Located in Charleston and Mount Pleasant.
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 Biddlecomb, Game & Wise »
Accounting firm with offices in Charleston and Moncks Corner; includes firm profile, newsletter, and calculators.
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 Tidelands Bank »
Community bank focused on serving families, entrepreneurs, and small businesses; includes details on services, history, board of directors, and rates. Headquartered in Mt. Pleasant with locations in Summerville and Myrtle Beach.
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 When evaluating different lender offers, in the mortgage loan pre-approval process, pay closest attention to the interest rates they are offering & the closing costs. These are the two biggest factors that will help you figure out which lender is right for you. If one of these two factors is too high, it could offset the benefit of refinancing for you.
Mortgage can last a lifetime and that extra 1% can add up to literally thousands of dollars over the years. I have friends that are in their 70s and still paying off their home loans. It'll pay off in the long run to make sure you find the best deal possible. Don't let poor credit stop you from refinancing your home.
Many people with poor credit history look to take out loans from friends and family. While this may be a fairly good short term solution, it might not be the smartest of long term business moves. What you need to do is refinance your mortgage and lower your payment. The best thing you can do for yourself is to shop around. I'd be willing to bet that some banks will give you a better deal on a mortgage refinancing than you think they would. Find out who's got the best rate to get the best deal on your loan. This might take a little legwork, but it could pay off. Finding that right bank to give you the right deal on your refinancing will be worth the effort.
Calculate the financial benefit of refinancing in one, two, or three years. Does the benefit compare with your plans for staying in your home?
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