So after months of preparation, building your credit, and prepping your paperwork, working through the labyrinth of finding a home, getting pre-approval for your financing, you are finally on your way to closing. What a relief, right?Not so fast. There are a few things you need to know and do Read more
Your Guide to Fast Mortgage Closing
There are various benefits to be had from closing early on your purchase or refinance. To begin with, you get access to lower mortgage rates. The more delayed you close, the higher your mortgage rate will be.If you are buying a home, another advantage is assuring the seller that you are serious Read more
These Are Why You Should Stay with Your Current Lender When You Refinance
Borrowers have plenty of questions about refinancing. Questions like: “What are the reasons why I should do it?” “How can I do it right?” “Do I need to provide an income tax return to refinance?” “How can I tell if refinancing will really save me money?” and so on. But there is one question of Read more
Yes, You Can Save on Closing Costs When You Refinance
Closing cost is one of the main hurdles in refinancing. Many people just don’t have that hefty cash lying around to pay for a new mortgage. That’s why some prefer to wrap it around the loan, sacrificing interest in the process. What many don’t know is you can actually save on the closing costs when Read more
Can I Refinance a Reverse Mortgage?
Many senior homeowners are familiar with reverse mortgages. However, only a few know about reverse mortgage refinancing. What is it and how does it work? Most importantly, what are the steps needed to accomplish the reverse mortgage refinance process?Take a tour. The Basics Reverse Mortgage Read more
