1. Bring Down Your Monthly Credit Payment with Mortgage Refinance: If your objective is to stay in your home for a number of years, it probably makes good sense to look at home refinance loans that allow you to pay a point or two to bring down your interest rate and overall mortgage payment. Over […]
Why Bother Refinancing – Series
There are many articles being written right now that are highlighting the fact that interest rates are at all time lows but home owners are not making application for new mortgages at as high of numbers as one might think. The reasons given for this are many and varied: 1. Homeowners don’t believe they can […]
FHA Guidelines for Refinancing and Loan Programs
The FHA refinancing guidelines have been modified to make some of the FHA rules clearer to people. It has been done in order to make some regulations stricter. Some changes have been done to modify the streamline refinance plan and are a noncredit qualifying refinance mortgage plan. The main reason for applying for the FHA […]
Home Affordable Refinance For Various Loans and Types
A Quick Reference for the Various Loans and Types The loans available to buy a new home were limited a few years back. The buyers had only a few options like the fixed rate conventional mortgage, an FHA loan or a VA loan. However, with time, various loan plans were introduced and today, buyers can […]
4 Good Reasons People Refinance Their Homes
Refinancing a home is something that many people do every year. Homeowners refinance for any number of reasons. The reason for most refinancing is to save money in one or more ways. This is often possible because market conditions change quickly while mortgages can remain relatively static for decades. There are four good reasons why […]