Refinancing

Find all blogs on this topic below.

recast-mortgage

Recast Mortgage: Everything You Need to Know About Mortgage Recasting

There are a few main reasons why people consider refinancing their mortgages. You need to consider what your main goal is with refinancing. If there is a lower interest rate than you currently have on your mortgage, if you wish to lower your mortgage payment, or wish to pull cash out — refinancing may be a good option.

should-i-refinance-my-mortgage

Should I Refinance?

A home appraiser plays a big part in the majority of homeowners looking to refinance their homes.

home-appraiser

What A Home Appraiser Looks for When Refinancing

What is a 5/1 ARM loan? When it comes to different financing types, you can score for buying or refinancing homes. Mortgage lenders can choose between a plethora of other options. On top of that, you may choose between a fixed-rate loan, an adjustable mortgage loan, or a variable-rate mortgage. However, keep in mind...

5-1-arm

What is a 5/1 ARM Loan? | Ultimate 5/1 ARM Guide

It’s very likely that your mortgage loan will be the largest loan you have during your lifetime. Mortgages are not a one size fits all approach, there are many different types of options you can choose from – all having their own unique qualities. To make the best decision, you first must understand the different...

types-of-loans

What Are The Different Types Of Mortgage Loans?

Refinancing your home can save you thousands of dollars per year! When you extrapolate that savings over the lifetime of your loan, it’s no secret why refinancing seems like an attractive option for millions of homeowners.

refinance-fees

What Are Mortgage Refinance Fees & What Can You Do to Lower Them?

A loan estimate gives you the opportunity to know the details of the mortgage before you accept and compare offers from different lenders to determine which works best for you. Here’s an overview of what you’ll find on your loan estimate and how it can help you choose the best mortgage option.

what-is-a-loan-estimate

What is a Loan Estimate?

If you’re looking to buy a house, and do not have a mountain of cash saved up, you’ll need to consider getting a mortgage to help you finance this large expense. But what exactly is a mortgage? Simply put, a mortgage is a debt instrument used to purchase real estate. A lender will loan a borrower money, and the...

what-is-a-mortgage

What Is A Mortgage?

What is an ARM, and how does it work? Here, we’ll discuss the ins and outs of adjustable-rate mortgage options and see if an ARM is the right type of mortgage for you.

adjustable-rate-mortgage

What Is An Adjustable Rate Mortgage (ARM)?

What is a Cash-In Refinance?

If you’re making high monthly payments on a mortgage but can’t qualify for a refinance, you might have heard of the opportunity for a cash-in refinance. A cash-in refinance happens when the homeowner brings a cash sum to put towards their home equity to become eligible for traditional...

cash-in-refinance

What is a Cash-In Refinance?

Whenever you are borrowing money, whether it’s for a mortgage, credit card, or car loan, you’ll hear the terms interest rate and APR discussed quite a bit. Both of these terms are expenses, and it’s important to understand what each expense means and what they are made up of. What is the difference between interest...