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 …
Seek Recommendations When Re-Financing
Seek Recommendations When Re-Financing Refinancing is a process in which you pay off one or more existing debts with a new home loan. If you have perfect credit, refinancing is sometimes a good …
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How to Increase Equity for Borrowers
How to Increase Equity for Borrowers The booming real estate market in recent years has led to an intense marketing campaign by lenders to persuade homeowners to borrow against the equity in their …
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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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Re-Financing with an ARM
Re-Financing with an ARM The ARM home mortgage was taken advantage of by a great number of people over the years because of the lower payments it provided them when compared to a fixed rate …