Mortgage refinancing is on a lot of people's minds these days. Some homeowners want to refinance because their credit scores have improved, and they hope to secure a better interest rate.
· Other homeowners pursue home refinancing as a way to avoid a foreclosure on their home. If you are in either of these categories, or somewhere in between, you will find the following mortgage refinance information helpful.
Definition of Home Refinancing
What better place to start than with a definition of the terminology? If you are a refi "newbie" and you're not entirely sure what it means to refinance your home, we recommend giving this article a quick read. It defines the process in simple terms.
What better place to start than with a definition of the terminology? If you are a refi "newbie" and you're not entirely sure what it means to refinance your home, we recommend giving this article a quick read. It defines the process in simple terms.
The Refinancing Process Explained
If this will be your first time going through the refi process, this article is a great place to start. It gives you a good overview of the process, and it will help you determine if it's financially beneficial in the first place.
If this will be your first time going through the refi process, this article is a great place to start. It gives you a good overview of the process, and it will help you determine if it's financially beneficial in the first place.
How Does Mortgage Refinancing Work, Anyway?This is another good introduction to the world of home refinancing. You'll learn the steps that are involved, what it takes to get approved, and much more. I recommend this article to anyone who is new to the subject. In fact, I recommend the two articles above and below this one for the very same reason. Here's a related article on the same subject.
Pros and Cons of Refinancing
One of the most frequently asked questions we receive is: "What are the pros and cons associated with a refi loan?" So we've addressed this common question in this article. You can learn the advantages and disadvantages, and other factors that will influence your decision.
One of the most frequently asked questions we receive is: "What are the pros and cons associated with a refi loan?" So we've addressed this common question in this article. You can learn the advantages and disadvantages, and other factors that will influence your decision.
The 5 Steps to Refinancing SuccessWhat steps will you encounter as you try to refinance your home? What should you expect along the way? And where do you even begin the process? You'll find answers to these questions and more in this helpful article.
When Should I Refinance My Home?
This article is a great place to start, before you go any further. It answers a common question that homeowners ask: When does it make sense to refinance my mortgage? You'll learn about the break-even point, how to use a refi calculator, and much more.
This article is a great place to start, before you go any further. It answers a common question that homeowners ask: When does it make sense to refinance my mortgage? You'll learn about the break-even point, how to use a refi calculator, and much more.
When a "Rule of Thumb" Doesn't Make Sense
There is no shortage of refinancing "rule of thumb" articles online today. But many of them oversimplify things, to the point of being useless. If you are thinking about a refi in the near future, there is only one rule you need to consider.
There is no shortage of refinancing "rule of thumb" articles online today. But many of them oversimplify things, to the point of being useless. If you are thinking about a refi in the near future, there is only one rule you need to consider.
How Does a Cash-Out Refi Work?
Homeowners can use a cash-out refinance loan to pull equity from their homes. But it only makes sense in certain situations. This article explains how these financing method works, and when it makes sense to use one.
Homeowners can use a cash-out refinance loan to pull equity from their homes. But it only makes sense in certain situations. This article explains how these financing method works, and when it makes sense to use one.
Should I Refi Now, or Wait a While?
You can view this as Part 2 for the article listed above. When it comes to refinancing, a lot of homeowners find themselves on the fence. They're not sure if they should do it now or wait a while for conditions to improve. Here are some things to consider when making this decision.
You can view this as Part 2 for the article listed above. When it comes to refinancing, a lot of homeowners find themselves on the fence. They're not sure if they should do it now or wait a while for conditions to improve. Here are some things to consider when making this decision.
How to Refinance Successfully
There is a right way and a wrong way to go about this process. Understanding the difference between them is the first step to success. This article explains how to refinance the right way, in order to achieve your financial goals.
There is a right way and a wrong way to go about this process. Understanding the difference between them is the first step to success. This article explains how to refinance the right way, in order to achieve your financial goals.
Mortgage Refinance Costs - Running the Numbers
Investors with experience can translate negative reports of house flipping into a lucrative aspect. This is because they know that negative reports can be translated into a profitable business.
Investors with experience can translate negative reports of house flipping into a lucrative aspect. This is because they know that negative reports can be translated into a profitable business.
Home Loan Refinance Online - How it Works
So what's the real story about refinancing online? How does the process work? Is it a legitimate way to save money on a refi, and is it safe? These are some of the questions we will answer in this article.
So what's the real story about refinancing online? How does the process work? Is it a legitimate way to save money on a refi, and is it safe? These are some of the questions we will answer in this article.
Getting the Best Refinancing Rates
The interest rate is one of the two key factors that will determine whether a refi makes sense or not. So it's in your interest to qualify for the best rates the lender has to offer. This article explains how to do this, and why it's so important that you do.
The interest rate is one of the two key factors that will determine whether a refi makes sense or not. So it's in your interest to qualify for the best rates the lender has to offer. This article explains how to do this, and why it's so important that you do.
Home Loan Refinance Rates
The interest rate is a key piece of the puzzle when refinancing your mortgage. It will help you determine the financial break-even point, which tells you whether a refi is even worth pursuing to begin with. The article explains five key factors you must understand about the refinance rate a lender offers you.
The interest rate is a key piece of the puzzle when refinancing your mortgage. It will help you determine the financial break-even point, which tells you whether a refi is even worth pursuing to begin with. The article explains five key factors you must understand about the refinance rate a lender offers you.
Refinancing from an ARM Loan to a Fixed Rate
Switching from an adjustable-rate mortgage to a fixed rate is one of the most common reasons why people refinance in the first place. In this article, we will discuss why this is usually a good idea for homeowners, and how to go about it properly.
Switching from an adjustable-rate mortgage to a fixed rate is one of the most common reasons why people refinance in the first place. In this article, we will discuss why this is usually a good idea for homeowners, and how to go about it properly.
How Soon Can You Refinance After Buying a Home?
This was a common question among homeowners after the housing market crash of 2008. Mortgage lenders started offering record-low interest rates, so many homeowners wanted to refinance to take advantage. But how soon can you do this after buying a home? Let's take a closer look.
This was a common question among homeowners after the housing market crash of 2008. Mortgage lenders started offering record-low interest rates, so many homeowners wanted to refinance to take advantage. But how soon can you do this after buying a home? Let's take a closer look.
Can I Refinance to Combine My First and Second Mortgages?
In some cases, yes. In other cases, no. Often, it has to do with the length of time that has passed since you first secured the loan. The amount of equity you currently have in the home also plays a big role.
In some cases, yes. In other cases, no. Often, it has to do with the length of time that has passed since you first secured the loan. The amount of equity you currently have in the home also plays a big role.
Get Refinance Quotes Online
Did you know you can save time and energy by using the Internet to get offers from lenders? It's true. And if you go about it the right way, it's perfectly safe and secure as well. Learn more about online quotes (or get one of your own) from this article.
Did you know you can save time and energy by using the Internet to get offers from lenders? It's true. And if you go about it the right way, it's perfectly safe and secure as well. Learn more about online quotes (or get one of your own) from this article.
Refinancing With a Low Credit Score
Is it possible to get approved for a refi when you have bad credit. That depends on several things, all of which are discussed in this article. Of course, in the end, only a mortgage lender can tell you whether or not you're qualified for a loan.
Is it possible to get approved for a refi when you have bad credit. That depends on several things, all of which are discussed in this article. Of course, in the end, only a mortgage lender can tell you whether or not you're qualified for a loan.
How Does FHA Streamline Refinance Work?
If your current mortgage loan is insured by the Federal Housing Administration (FHA), you may qualify for a "Streamline" refinance. It's a good way to reduce the amount of paperwork you have to do. You can learn all about it in this article.
If your current mortgage loan is insured by the Federal Housing Administration (FHA), you may qualify for a "Streamline" refinance. It's a good way to reduce the amount of paperwork you have to do. You can learn all about it in this article.