Refinance and Save
April 24, 2007 on 11:00 pm | In Refinancing | Comments OffIf you’ve been paying on your mortgage for a while, now may be a good time to take a second look at your mortgage options. Exploring your options could save you a lot of money in years to come. Refinancing is nothing more than replacing your existing mortgage loan with a new loan. If interest […]
Mortgages for the Self-employed
April 24, 2007 on 4:58 pm | In Mortgages | Comments Off When you are applying for a mortgage, usually the lender will focus on your financial history over the past 2 years. If you are self-employed, that changes the usual process a little. For one thing, you probably won’t be able to provide W-2s or paycheck stubs.
The lender will be concerned with your financial stability, and […]
What you need to know about Mortgage Refinancing
April 23, 2007 on 6:16 pm | In Refinancing, Mortgages | Comments OffThere are many reasons for the refinancing of properties. One of the reasons is to reduce the interest costs with a lower mortgage interest rate. Other reasons include reducing the risk from an adjustable-rate mortgage by switching to a fixed-rate loan, liquidating equity into cash, or increasing the loan term and reducing monthly payments. The […]
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