It’s never been a quiet past few weeks for Wells Fargo. Just a week ago, the third largest US bank announced that it is prepared to hand out $108 million to remediate possibly force-placed auto insurances to over 570,000 customers. That is after the bank was fined $185 million for its controversial Read more
Refinancing an Existing VA Loan with an IRRRL
If you used a VA loan to obtain your current home, yet wish that you could take advantage of today’s lower mortgage rates, you can. The program known as the Interest Rate Reduction Refinance Loan, or IRRRL, helps to lower the loan for veterans without forcing them to give up their veteran’s benefit. Read more
Top 5 Refinancing Programs for Underwater Mortgages
The U.K.’s vote to leave the European Union on June 23 has opened a window for U.S. consumers to refinance their mortgages as rates have dropped. With rates nearing historic lows, there has been a reported increase in the number of refinancing applications the past few weeks after Read more
What is a Streamline Refinance?
Refinance options are depleting, and lenders are more concerned with how well your mortgage performs. Qualifying for a mortgage refinance these days are a lot harder than it has been in the past because of limited options. Some lenders offer a streamlined alternative to borrowers to help lower their Read more
