If your ARM ( Adjustable Rate Mortgage) is resetting, you are no doubt feeling the anxiety creep in knowing the fixed portion of your payment will be ending soon. This is quite understandable knowing that once rate reset s your monthly mortgage payment can jump hundreds of dollars, literally overnight.You may have signed up for [...]
Posts Tagged ‘Fha Loan’
March 12th, 2010
FHA Refinance For Good and Bad Credit Refinancing
An FHA (Federal Housing Administration) refinance can be a great option for people in various scenarios. There are two types of FHA refinancing loans: 1.) cash out refinancing and 2.) streamlined refinancing. In either scenario the home owner must have some equity in their home to be able to participate in such a plan. In [...]
December 19th, 2009
Secrets for Refinancing With a Bad Credit Score
Interest rates today are still much lower than years ago. We still hear that “now’s the time to refinance” from friends and family. Yet for the borrower with bad credit, is refinancing really the wise choice? Read on the find out.Refinancing can often save you money over the long run, but if your credit has [...]

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