While getting a mortgage refinance can save you money and help you gain control over your finances, it isn't always easy. To get the best loan for yourself, you must be an informed borrower. Here are some valuable mortgage refinancing tips that you should consider before refinancing.
The first important mortgage refinancing tip is that you should always interview your loan officer. Second, make sure that this is the best loan for you.
The third tip is to discuss all fees with your loan officer.
The last tip is to get a good faith estimate.
We all want to save money, and a mortgage refinance is a great way to do that and you'll avoid having a big headache, I hope these mortgage refinancing tips will be useful to you. Be an informed borrower, find a good loan officer.
by Ralph Deeds5 years ago
I just refinanced my home mortgage today--4% for 15 years. Closing costs around $1,900. This is the lowest interest rate in 50 or so years.
by wishingonastar6 years ago
Let me start off by saying that this loan is a Freddie Mac loan. This loan has been sold so many times throughout the 10 years I have lived here. I fell on hard times and tried for a loan modification. My...
by Shepherd's Lamb6 years ago
I just want to discuss what's going on in my little head right now and hope to hear from those of you more educated on the subject.I qualified to buy a condo in 2004 (six years ago). I paid $6,000 cash for...
by American_Choices4 years ago
Rarely in my lifetime have I had the luxury of knowing who owns my mortgage. Early in the 1990's the mortgages were actively bought and sold. Sadly, the local banker became an intermediary and my mortgage was sold.Now a...
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