Refinance Tips

Featured Posts:

Many reasons to refinance

There are Reasons to Refinance Other than Lowering your Payment
April 3, 2014

Refinancing, the act of replacing an existing mortgage with another, has long been a financial tool available to borrowers. Mortgage rates change over time and in fact they can even change in the course of a single business day and as rates change so do the opportunities to refinance a home loan. Check today’s rates […]

Refinancing: Is it Worth the Cost and Effort?
November 13, 2012

The financial sector can sometimes move up and down wildly. This might cause you, the homeowner, to wonder if refinancing your home loan is truly worth it. Sometimes refinancing just doesn’t make sense – but often it does. Especially in a period where refinance rates are near all time lows, it often makes sense to […]

The Best Time to Refinance
November 7, 2012

If you have owned a home for several years, you have probably heard about all of the new mortgage refinance options that have become available. You may have heard stories about people saving thousands of dollars by refinancing their home. With the decline in the housing market, there have been several new refinance options created […]

Recent Posts

VA Streamline (IRRRL) Refinance Loan: Easier Refinancing for Veterans
June 1, 2016

A VA Streamline Refinance is also known as an Interest Rate Reduction Refinance Loan, or IRRRL, because it is designed to help homeowners lower their mortgage rate quickly and easily. This special refinance type is available to homeowners who currently have a VA home loan. >>Click here to get your free VA streamline refinance rate […]

Refinancing? Understand Your HTLTV And HCLTV
June 1, 2016

What Is HTLTV And HCLTV? HTLTV is an acronym for “high total loan to value.” HTLTV is a comparison between your home’s value and the total amount of credit available on the home. For instance, a home worth $100,000 with an $80,000 first mortgage and a $10,000 unused line of credit would have an HTLTV of […]

Conventional 97% LTV Program: Buy a Home with 3% Down.
June 1, 2016

Home buying just got a lot easier. Fannie Mae and Freddie Mac, the country’s two main mortgage rule-making agencies, now allow home purchases with just a 3% down payment. The 97% loan-to-value (LTV) purchase program allows homebuyers to purchase a single family home, condo, co-op, or PUD without coming up with a full 5% down payment […]