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A Mortgage Refinance Guide for Your Real Estate Clients

By
Services for Real Estate Pros with The Agent Guide LLC

From my Tools For Real Estate blog:

Are you getting questions about mortgage refinancing from your real estate clients?  I am, and I recently found a good consumer's guide to home loan refinancing by the Federal Reserve Board.  One of the reasons I like it is that it  seems to clearly explain some mortgage topics that people commonly get confused about, including:

  • Comparing home loan refinance options
  • Understanding ‘no cost’ refinances
  • Calculating when you recoup the expense of refinancing a mortgage
  • Home mortgage prepayment penalties

There’s also a glossary of home loan refinance terms that’s highly useful.

The pamphlet dates from 2008 and is 29 pages, it opens up in just a few seconds via pdf – here’s the link at the Federal Citizen Information Center:

A Consumer’s Guide to Mortgage Refinancings

Comments(4)

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Nicholas Goraczkowski
Aurora, CO
Your Mortgage Resource - (720) 83-RATES

Good link. Explains everything basic.

Jul 21, 2009 08:06 AM
Tools for Real Estate
The Agent Guide LLC - Kirkland, WA

Thanks, glad you found it helpful!

Jul 21, 2009 08:10 AM
Lisa Broadwater
Cascade Sotheby's International Realty - Sisters, OR
GRI, CDPE - Bend, Sisters, Tumalo, Redmond

Great timing -- I got a call from a client today with questions about refinancing. This will definitely come in handy. Thanks for the tip!

Jul 21, 2009 04:42 PM
Tools for Real Estate
The Agent Guide LLC - Kirkland, WA

Thanks for your comment Lisa, glad this was helpful!

Jul 23, 2009 02:13 AM