Right Now is a Great Time to Refinance Investment Properties – The historically record-breaking low-interest rates over the last year and a half have sent homeowners to seek out loan products in larger numbers than previous years. One group that could...
Refinancing an investment rental property is very similar to the refinance of a primary first home that you live in most of the time. There is one big difference though: you will need to document the proof of your rental income. In the eyes of a mortgage lender, a...
There is a new mortgage refinance program being launched shortly by the U.S. government. Eligible borrowers will be able to refinance their current mortgages at a lower interest rate and lower their monthly house payments beginning in the summer of 2021. This new...
The Federal Housing Finance Agency “adverse market” half percent fee on a majority of mortgage refinances officially went into effect on December 1, 2020. For those already in the process of refinancing this fee has been built into your refinance rate. If you are...
If you have mounting debts that you are struggling to pay off and feel like you will never get beyond just paying the high interest, you may be looking for ways to help pay the debt down. One option some people look into is a cash-out refinance. When you opt for a...