7 Simple Steps to an Easy Refinance
There are two types of refinancing out there, the rate and term financing or cash-out refinancing. These are really the two reasons someone would refinance. Either you want a lower rate to save money on your monthly mortgage payment and better terms or you’re...When Can I Qualify for a Mortgage After Bankruptcy?
Have you had to deal with a short sale, foreclosure, or bankruptcy? If anyone of these financial issues has plagued you in the past you might be wondering when you can qualify for a mortgage again. Typically, it’s only a matter of time. The waiting period is...Want to Remodel But Can’t Save That Much? Time to Refinance
I spoke to a couple this week that was toying with the idea of refinancing. They currently have a 30-year loan with about $250,000 left to pay. They haven’t refinanced for a few years and were trying to save up enough to remodel their kitchen. They’ve been...
3 Things to Do if You Want to Buy But Can’t Afford a Down Payment
20% seems like an awful lot of money to put down on a house these days, especially considering home prices are rising continuously. $20-$30,000 certainly isn’t chump change and it can be difficult for first-time homebuyers to come up with that much of a down...
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