The FHA Streamline Refinance Cons are there. Given, it's essential to do proper research before assuming the FHA streamline is right for you. FHA Streamline Refinance The FHA streamline refinance program offers borrowers with an existing FHA mortgage a new FHA-insured...
A HARP loan is one of the best ways to refinance if you’re currently underwater on your mortgage. Because of this, the basic HARP refinance guidelines are in your best interest to know! What is the Harp Program? When you have little...
An existing VA mortgage, just like any other mortgage, can be refinanced. With a VA Cash Out Refinance, you can refinance your mortgage for more than you currently owe, then pocket the difference. Example: Say you owe $50,000 on $120,000 house...
FHA Streamline Refinance Program: For homeowners with an existing FHA-backed mortgage, there are endless FHA Streamline Refinance benefits. It is among the fastest and most cost-effective way to refinance a home, and the program helps current FHA homeowners lower their...
VA Loans VA Loans are created to help active-duty military personal and veterans become homeowners an affordable rate. A VA loan has flexible qualification guidelines, requires no down payment, and requires no mortgage insurance. VA mortgage rates can be better than...
A mortgage refinance is a real estate loan. Billions of dollars worth of mortgage loans are given to homeowners every year via banks, online lenders and credit unions. Every homeowner has specific needs and wants, making it necessary that mortgages...
There's many reasons people choose to refinance after closing purchase or refinance, and it's more common than you'd think. Before discussing how often you can refinance your mortgage, however, we must explain why you'd do this.. Why People Re Refinance There...
Mortgage rates are continuing to remain at historic lows, so what does this mean for the average American? For the last decade, interest rates for loans, credit cards, mortgage and other interest sensitive transactions have remained low in order to...
According to national housing and economic data, an estimated 13 million homeowners across the U.S. could potentially reduce their monthly mortgage payments and save money by refinancing their mortgage. Here's why we recommend locking in your rate now and...
If you went through the mortgage process to purchase a home in the last decade, the mortgage process has definitely changed. With new regulations and laws comes more paperwork in the mortgage buying process. With today's interest rates at...
