refinance: Why should I refinance and when does is pay to do so?
- 09/22/09 08:39 AM
For many people, the ability to refinance your home may shrink daily expenses and actually better credit all at once. Contrary to what you might think, refinancing is still a viable option for many householders. Discover if it's a sound idea to refinance your home with this quick quiz: 1. Are the current mortgage interest rates at least 1 point less than your existing mortgage interest? If so, refinancing your home mortgage might make sense. If interest rates are lower now by 2 points or more than when you purchased your home, you should emphatically look into refinancing. 2. Do you … (0 comments)
refinance: Getting Your Mortgage Loan from the Internet May Cost You
- 05/04/09 08:55 AM
Getting Your Mortgage Loan from the Internet May Cost You. It could be a costly mistake if you get a loan online from a mortgagre company in different parts of the country. There are different rules and guidelines for different states, cities, and even counties. It can be risky to obtain a mortgage loan from a company across the country if they are not familiar with the rules that govern the area where the property is located.
Typically local companies will be more concerned about their reputation and doing a good job for the customer. I operate from referrals … (0 comments)
refinance: REFI PLUS MAY HELP YOU REFINANCE WITH TODAY'S MARKET CHALLENGES !!
- 04/10/09 05:48 AM
Fannie Mae recently surfaced a program that will attempt to allow more Homeowners to take advantage of the historic low mortgage rates. The "Desktop Underwriter Refi Plus" program is going to expand the criteria for qualifying for a mortgage refinance. If you have been affected by the recent decline in home values, this may be your chance to take advantage of these low rates. The program allows you to go up to 105% Loan to value of the current homes value on your first mortgage. This program applies to the homeowner who has not fallen behind on their mortgage and has a good credit profile. This is a strong effort by Fannie … (0 comments)
For many people, the ability to refinance your home may shrink daily expenses and actually better credit all at once. Contrary to what you might think, refinancing is still a viable option for many householders. Discover if it's a sound idea to refinance your home with this quick quiz: 1. Are the current mortgage interest rates at least 1 point less than your existing mortgage interest? If so, refinancing your home mortgage might make sense. If interest rates are lower now by 2 points or more than when you purchased your home, you should emphatically look into refinancing. 2. Do you … (0 comments)
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