Refinance

Everyone is talking about mortgage refinancing but is it for you (and what is it exactly?) Mortgage refinancing can put more money in your pocket and help you leverage equity. Success with mortgage refinancing starts with setting reasonable refinance goals and then comparing rates from various lenders to get your best deal. Why do you…

When looking for a mortgage, it’s important to know your limit and stick to it. When you sign up for more than you can afford, you risk not being able to make your monthly mortgage payments. With a home being one of the largest purchases you’ll ever make, it’s important to make wise decisions when…

First, you have the searching process. You’ve got a list of things you’re looking for in a home. Sometimes, it can seem like you are looking forever before you finally find anything that comes close to what you desire to live in. Flash forward, you finally have found the home of your dreams afters months…

In 2020, you might be considering refinancing your mortgage. Did you know that this year, interest rates are near record-setting lows? The decision to refinance a mortgage is one to take seriously. Refinancing can either save you money or cost you in the long run. It’s important to look at all of your options so…

Most borrowers are attracted to refinancing for two main reasons: 1) to save money on a monthly mortgage; or 2) to save money on interest over the life of the loan. These are both great incentives for refinancing, but if you aren’t getting a significantly better interest rate, at least one percent or lower than…

The process of a loan refinance involves taking out a new loan in order to pay off an existing loan(s) or to access equity on a mortgage loan. Typically, borrowers will choose to refinance to obtain a lower interest rate or lower their loan repayment amount. Before you choose to refinance your mortgage loan, it…