Can I Refinance My Debt? Author: Peter Kenny You might be surprised at how many people consider refinancing their debt. For many people, this is a good idea, but for others, it should not be entered into hastily or at all. For everyone thinking of refinancing, research is the first step before making any decision. [...]
Author: Samantha Taylor Scenario: I am considering pros and cons of taking a reverse mortgage or refinancing my existing mortgage. I will be 70 in September, and the social security income is one source that I primarily rely on. I do have some savings which I’d like to keep intact in case I need it [...]
Interest Only Refinance Options Author: Jim Kemish Are you one of the many home owners that opted for an adjustable rate mortgage over the last five years? Have you seen your interest rate and your payment increase? Florida mortgage expert Jim Kemish discusses the current market environment and a new option for an affordable refinance. [...]
This list, while not comprehensive, covers the majority of things your banker will need to see when considering you for approval for refinancing your home. Not having this information can seriously delay your application process! A check for your credit report and another for your appraisal. At least be prepared to pay for both these [...]
Ever wonder what the loans officer is thinking on the other side of the desk while you’re sitting there, looking to refinance your home? What criteria do they use to judge whether you even have a chance at getting some money from them? The following is a list of things not to do when you [...]
We all need insurance. When refinancing, it is absolutely necessary to have the right insurance, or the refinance lender may not release funds to you. In that light, have you ever paid your insurance bill, and then wondered afterwards whether or not you got a good deal? For most of us, that is where it [...]