You may want to refinance your home for several reasons. The biggest reason that people refinance their homes is to save money.If you qualify for a lower rate you could lock in that lower mortgage rate and stretch out the payments so that every month you are paying less to live in your home than [...]
Posts Tagged ‘Unscrupulous Lenders’
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, [...]

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