RSS Feed for Refinancing A HomeCategory: Refinancing A Home

6 Don’ts After You Apply For A Mortgage

6 Don’ts After You Apply For A Mortgage

I learned a long time ago that “common sense is NOT common practice“. This is especially the case during the emotional time that surrounds buying a home, when people tend to do some non-commonsensical things. Here are a few that I’ve seen over the years that have delayed (and even killed) deals: Don’t deposit cash into […]

Another Refi Boom?

Another Refi Boom?

There have been a few developing (and some already existing) programs that are worth mentioning, as the newspaper headlines applaud the opportunity. With interest rates remaining at near historic lows for quite some time, many people have been unable to take advantage of these rates because of problems in securing a high enough appraised value. […]

Five Reasons To Refinance Your Mortgage

Five Reasons To Refinance Your Mortgage

There is an old adage in the mortgage business that states that if you can improve your interest rate by at least…[read more]

Tips To Present a Stronger Mortgage Application

Tips To Present a Stronger Mortgage Application

As underwriting guidelines for lenders become more stringent, we need to re-examine what a good mortgage application looks like. As home buyers begin their search for a home, there are a few items they should be aware of that they can do to help get their loans approved (with the best possible terms), and, at […]

How To Pick Your Lender

How To Pick Your Lender

In the whirl wind that surrounds the home buying and mortgage process, how can a consumer be sure that they are working with the right lender? I mean there are so many choices…here’s some things to consider…[read more]

Trigger Leads: Protect Your Personal Data

Trigger Leads: Protect Your Personal Data

Did you know that the major credit bureaus sell your personal information? It’s true! Known as “trigger leads”, the files of borrowers applying for a home loan are immediately flagged, packaged, and sold by the credit bureaus to the highest bidders. For about $25 to $100 or more, your name and certain specifics about your […]

Great Window of Opportunity

Great Window of Opportunity

You may have heard that home loan rates have improved and are back down to near historic levels. In fact, I’ve been…[read more]

Understanding the Home Appraisal Process

Understanding the Home Appraisal Process

Consumers are often baffled by the home appraisal process. They may feel their home is worth a certain dollar amount, and therefore, the appraised value doesn’t make sense to them. It is important to know that appraisal guidelines are dictated by the lenders. In many states, the lenders must disclose the purpose of the appraisal, […]

3 ways low mortgage rates can work for you!

3 ways low mortgage rates can work for you!

(MONEY Magazine) — Just when it looked as if mortgage rates couldn’t fall any further, they did. Rates on 30-year fixed-rate mortgages (excluding jumbos) hit an average of 4.3% in September, the lowest level since 1953, according to Freddie Mac, and are still hovering below 4.5%. Fifteen-year rates are even more mouthwatering: 3.8%. Mind you, […]