Author RSSRepairs needed before you Refi?
Home Repairs before you Refi
Home repairs are often needed before banks will refi a mortgage for a homeowner. There are many different repairs that a bank may require. It will generally be determined by the home appraisal and what the appraiser comments ...
To Cash Out or Not to Cash Out is the Question
To Cash Out or Not to Cash Out is the Question.
A cash out refinance mortgage can be a great tool for homeowners. There is no limit as to what you can do with cash that you receive from a refinance mortgage. The idea is simple. You can refinance you...
The State of Stated Income Loans
The State of Stated Income Loans
Stated income mortgage loans were among the most popular loan programs over the last decade or so. What is a stated income mortgage loan? It is exactly as it sounds, the borrower simply states their income. Employmen...
Broker Vs. Banker -- Which is Better?
Mortgage Broker vs. Mortgage Banker (aka Direct Lender) - Which is better?
If you have ever financed the purchase of a home or refinanced such a loan, chances are that you used the services of a mortgage banker or mortgage broker.
What's the diffe...
Adjustable Rate Mortgages (ARMs) Explained
Quick Explanation of Adjustable Rate Mortgages (ARMs)
Have you ever wanted to know the details of adjustable rate mortgages? This can be a confusing topic for folks that have not spent some time to research the different types of mortgages. There are q...
It's Not All About Low Interest Rates
It's Not Always about the Low Interest Rate
When most people consider refinancing their properties, they primarily look at the current interest rates and compare them to the current interest rate they're paying. That is one way to determine whether r...
Fixed Interest Rate or No Rate at All
Fixed Rate or No Rate at All
Many folks across this great country are starting to realize why the interest rates on their home mortgage loans were lower if they took an ARM loan. The answer is simple. A loan that is fixed for a short period of time (...
How to Refinance with No Fees
There is a new company that is showing consumers how to refinance their home mortgage without paying points or fees. This company has teamed up with lenders who are willing to waive their lenders fees. The great thing about the process is that you are o...