The opportunity to change the interest rate on a loan is one of the most common reasons that people consider mortgage refinance. Interest rates are always changing, sometimes for the better, and during these times homeowners want to take advantage and pay off one loan in favor of another that has a better interest rate. [...]
Posts Tagged ‘Interest Rates’
June 30th, 2010
Refinancing Your Mortgage – Changing Your Interest Rate
Posted in Article 
Tags: Closing Costs, Exceed, Fact Of The Matter, Interest Rate, Interest Rates, Loan Programs, Many People, Math, Mortgage Interest, Mortgage Loan, Mortgage Rate, Mortgage Rates, Mortgage Refinance, Opportunity, Owning A Home, Refinance Rates, Refinancing Mortgage, Refinancing Your Mortgage, Rules Of Thumb, Thousands Of Dollars 
No Comments »June 13th, 2010
125% Loan to Value and Mortgage Refinance
Did you know that 125% loan to value and mortgage refinance are extremely risky for borrowers?Well, they are! That’s why you better think twice before jumping into an exotic 125% loan to value (LTV) second mortgage that allows you to refinance by borrowing more than your home is worth.It sounds too good to be true, [...]
Posted in Article Tags: 125 Ltv, Balloon Payment, Best Interest, Borrowers, Closing Costs, Collateral, Credit Card Debt, Debt Consolidation, Federal Trade Commission, Foreclosure, Interest Rates, Loan Balance, Mortgage Refinance, Poor Credit, Privilege, Salespeople, Second Mortgage, Unscrupulous Lenders, Vulnerable Homeowners, Young Couples No Comments »June 10th, 2010
VA Streamline Refinance Has Hidden Benefits
Very few veterans know about the benefits of a VA Streamline mortgage refinance. There are a few benefits that are hidden to vets. One of the biggest is that with a VA Streamline refi there are no credit qualifications! You can have multiple late payments and collections on all types of credit and still qualify. [...]
Posted in Article Tags: 12 Months, Childress, Credit Qualifications, Easy Loans, Exceptions, Fixed Rate, Foreclosure, Interest Rate, Interest Rates, Judgements And Liens, Late Payments, Mortgage Refinance, Rate Interest, Refinance Loans, Six Months, Sub Prime Mortgage, Sub Prime Mortgages, Va Loans, Va Streamline Mortgage, Vets No Comments »