Whether it's a new loan, refinancing or a home equity loan - I am going to take you by the hand and teach you step-by-step how to get a mortgage loan without getting ripped off in interest rate, points and "junk fees"... then I'll show you how to manage that loan and all th...
Mortgage Lenders Face Peaks, Pitfalls as Refinancing BoomsBy HOCHSTEIN, HEATHER TIMMONS^MARCAmerican Banker
6 Hidden Costs of Refinancing Your Mortgage What are your Options Besides Refinancing Should I Refinance? A Case Study LATEST ARTICLES ON Mortgages How to Handle Higher Mortgage Rates 9 Major Mortgage Mistakes to Avoid to Keep Your Mortgage Pre-Approval ...
How to Avoid Pitfalls When Using an Option ARM Mortgage Refinancing an Option ARM Mortgage: How to Get the Best Deal The Pros and Cons of Option ARM Mortgages Subscribe and Get Updated Sign up for my newsletter to see new photos, tips, and blog posts. Name Email Subscribe Twitte...
If a buyer doesn’t have enough equity in their house to increase the loan balance, then they come up with the cost of the points at the end. The break-even period is the amount of time it takes for the monthly savings due to pay the points. Moving and refinancing before the break-...
This is the second time we've used Jerry Robinson at 1st Choice Mortgage, at the suggestion of a Realtor colleague. Although we are experienced home borrowers, he still helps us avoid pitfalls and keeps everything on track with the qualification process. I would especiallyJennifer W., Sandpoint...
that’s lower than the market rate—potentially saving you a lot of money on interest—future interest rates are less likely to increase too much over your initial rate. After the introductory period is up (or sooner!), you can also consider refinancing your loan if rates come down ...
Everyone at Optimum First was great, friendly, easy to work with and patient. In particular, Andrew, our Loan Office and primary point of contact was super responsive and patient, helped me avoid some pitfalls and worked with me on a couple of the more difficult portions of the process for...
These are the basic terms you will need to know before your purchase a home. Understanding these things will allow you to avoid many of the pitfalls that exist in the real estate field. You want an interest rate that is low, and you should always try to get a fixed interest rate if ...
build, or substantially improve your home. In the past, you were able to deduct a portion of the interest on a home equity loan or line of credit even if the debt was used for non-housing purposes, such asdebt consolidation. However, interest on non-housing debt ...