- Homeowners
- October 29, 2020
Easy Steps to Refinance Your Home
If you've been following the news lately, you may know that mortgage rates are just about as low as they've ever been. And that may have you thinking about refinancing your mortgage.
If you've been following the news lately, you may know that mortgage rates are just about as low as they've ever been. And that may have you thinking about refinancing your mortgage.
The housing industry has just over a month to get ready as Federal Housing Finance Agency Director Mark Calabria reiterated last week that Fannie Mae and Freddie Mac will implement a 50-basis-point fee on certain refinances on Dec. 1, 2020.
When you hear the words 'mortgage rates have dropped' and 'lowest refinance rates in years,' many thoughts may race across your mind like 'how does that affect me?', 'what can I do to learn more?' and 'where do I start?'
Refinancing your mortgage may seem like a good idea, but there are several things to consider before making the decision.
VA Loans help active military and veterans qualify for homeownership, and if you already have a VA loan, now is a great time to refinance at today's low rates.
Today's low mortgage rates may cause many to start thinking about refinancing. We've summarized some of the most requested documents you may need during the loan process.
Is a new home mortgage in your future? That depends on your unique financial situation and the short and long-term financial goals you've set for yourself and your family.
An FHA Cash Out Program can provide a homeowner with the financial means by which to pay off credit card balances or medical bills, make home improvements, fund a child's college tuition bills, and more.
A Cash-Out Refi replaces your current mortgage with one that includes the original loan balance, plus an amount of cash you'd like to withdraw.
A mortgage refinance is paying off one home loan with a new home loan, which allows you to make adjustments to the rate and terms of your loan.