Refinance

How to Find a Great Mortgage Rate

How to Find a Great Mortgage Rate

There are a number of ways to find the best mortgage rates, but all require a little bit of work on your behalf. The key to More

streamline

Mortgage Definition: FHA Streamline Refinance

This week, mortgage lender Justin McHood explains an FHA streamline refinance program, which is a program designed for people who currently have an FHA loan to More

What are Mortgage Points?

What are Mortgage Points?

If you’ve ever shopped around for a mortgage, you’ve undoubtedly heard the phrase “mortgage points” tossed around when looking at closing costs and fees. It’s a More

Mortgage Definition: No Cost Mortgage

Mortgage Definition: No Cost Mortgage

A no cost mortgage is where the lender agrees to pay the closing costs in exchange for a higher than market interest rate.

Borrower, Employ Thyself! But First…

Borrower, Employ Thyself! But First…

Economic times are tough.  There are layoffs and threatened branch closings, all sorts of unrest in the labor markets.  The “recovery” hasn’t shown up at your More

Five Types of Refinance Loans

Five Types of Refinance Loans

With mortgage rates hovering at or near record lows, there’s been a lot of interest in refinancing lately. Heck, you may be able to lower your More

Can I Get A Refinance Rate Under 4.25%

Can I Get A Refinance Rate Under 4.25%

EVERY TIME  mortgage interest rates dip to a point that’s approximately 1% lower than they were 18 to 24 months ago – homeowners begin looking for More

Is it Possible to Refinance 2 Loans (Primary and Secondary) When I'm Underwater in Home Equity?

Is it Possible to Refinance 2 Loans (Primary and Secondary) When I'm Underwater in Home Equity?

Here’s a mortgage question in Zillow Advice from bugo30 in Tarzana, CA who asks: Is it possible to refinance 2 loans (primary and secondary) when I’m More

Credit Report Goes Beyond Credit Score When Mortgage Shopping

Credit Report Goes Beyond Credit Score When Mortgage Shopping

When you begin shopping for a mortgage, whether it be a purchase or a refinance, you’ll probably order a credit report to see where you stand. More

What Are "Lender Overlays"?

What Are "Lender Overlays"?

Virtually everyone has seen the commercial where a big dot com mortgage lender portrays how they have less paperwork than any of their competition. Likewise most More