equity: Where's the Benefit? - 02/13/07 11:10 AM
 
On December 15th of 2006, Bryant Tutus, wrote a blog on the Real Estate Network "Active Rain" labeled, "Your home is your castle, not an ATM machine!"
Broker Bryant brings up many good points within the article, explaining the cycle that many homeowners get caught up into when refinancing their homes. Many ads … (8 comments)

equity: Zero Point/Zero Fee Loans (Part 1) - 08/30/06 01:56 PM
Zero Point/Zero Fee Loans Explained 
What happened to the conventional wisdom of waiting for the rates to drop 2% before refinancing?
You have a 30-year fixed loan at 8.5%. A loan officer calls you up and says they can refinance you to a rate of 8% with no points and no fees whatsoever.
What a … (1 comments)

equity: Should I Pay Points? - 08/30/06 01:51 PM
Should I Pay Points?
The best way to decide whether you should pay points or not is to perform a break- even analysis. This is done as follows:
1.) Calculate the cost of the points. **Note: 1 point is equivalent to 1 percent of the loan amount. Example: 2 points on a $100,000 … (0 comments)

 
Mortgage Company: Oak Valley Mortgage-California Home Loans and Refinancing
Scott Gormley
Chico, CA
More about me…
Oak Valley Mortgage-California Home Loans and Refinancing

Office Phone: (530) 592-8362
Cell Phone: (530) 592-8362
Email Me


California Home Loans

California Home Loans

Orange County Virtual Tours



California Real Estate Blog.


Links

Tags (Tag Cloud)

Archives

RSS 2.0 Feed for this blog
ATOM 1.0 Feed for this blog

Find CA real estate agents and Chico real estate here on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2007 ActiveRain Corp. All Rights Reserved