refinance: Rate Drop Brings Refinance Opportunity - 05/13/14 01:50 AM
According to Freddie Mac's latest weekly mortgage survey, rates on home loans hit their lowest levels of the year in the past week. This is good news for potential homebuyers as it has lowered the cost of owning a home. It is also good news for those who are considering refinancing their home loan as well. Those who are considering refinancing can take advantage of lower rates to lower their monthly housing payments. In addition, there are several other benefits that someone who is contemplating refinancing might consider:
Building equity more quickly. Rates on 15-year loans are significantly lower than 30-year … (1 comments)

refinance: Profit From Using A Second Mortgage - 10/04/13 03:54 AM
Financing a home can be a very confusing proposition. There are literally hundreds of mortgage programs and rate combinations available: fixed rates, ARMs, buydowns and more.  Even more confusing, many consumers may not know that they can purchase or refinance using more than one loan against the property.
There is no way we will have the time  to discuss all the financing alternatives available.* This report will deal with the second mortgage alternative—namely when is a second more advantageous than having just one mortgage on your property?
When you don’t need to borrow much. Suppose you need $20,000 to finance your … (0 comments)

 
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Kevin Warren

Virginia Beach, VA

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Veterans United Home Loans NMLS #1907

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