Completing a cash out refinance in California can provide the necessary funds to improve the value of your home or the cash out funds might be used to payoff high interest credit debt or maybe it will enable you to purchase an additional property. What ever your reason is it’s important to know the ins and outs of a cash … Read more
No one wants to pay lots of fees when they look into refinancing their mortgage and the good news is you don’t have to. With a little knowledge and preparation you too can avoid paying thousands of dollars in fees with your next refinance transaction. And there is no secret insight nor any magic that’s needed; just an understanding of … Read more
Refinancing your current mortgage may have many different benefits. A lower interest rate, a shorter term or possibly cash-out funds to improve your home. Generally speaking; refinances usually take 3-4 weeks from completed application to signing loan documents. In case where there is a subordination of a 2nd mortgage or an Equity Line of Credit the time frame might be … Read more
Saving Money On Your Next Refinance: If you are doing a refinance one of your main goals should be to save money. Whether it’s on closing costs and/or obtaining a lower interest rate saving money should be a top priority. Even if you’re doing a cash out loan in which your payment will go higher; there are ways you can … Read more
One of the great refinance programs in the mortgage industry is the FHA Streamline Refinance program. It just may be the easiest and most efficient way to refinance a mortgage. Thousands of homeowners every year decide to access the program which allows a homeowner to lower their interest rate which puts them in a better financial situation. Some homeowners save … Read more