Understanding Re-Financing Even though rates have been rising in the last few years, homeowners still have many reasons to refinance their home loans. The main reason is debt consolidation, whether …
The Decision To Re-Finance
The Decision To Re-Finance The decision to refinance a home loan is mainly aimed to save some money on the home loan . With a refinance you would have a lower monthly payment, as the interest rate …
How to Manage Foreclosed Equity Loans
How to Manage Foreclosed Equity Loans Real Estate Foreclosures and mortgages is a fact of life with our current economic climate. More and more cash-strapped debt-ridden Consumers and Home Owners …
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Tax Considerations When Re-Financing
Tax Considerations When Re-Financing Like many people, you may want to take advantage of lower interest rates. But there may be other reasons to refinance. You may want to consolidate existing …
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How to Improve Equity for Lending
How to Improve Equity for Lending Your home can be a great tool to improve your financial position. Home equity is a give/take agreement, as the borrower is playing his home, putting it entirely …
Re-Financing with an Interest Only Mortgage
Re-Financing with an Interest Only Mortgage Mortgage refinancing is the process of paying off one loan with the proceeds from a new loan, using the same property as security. People choose to …
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