Refinance Home Loan Mortgage – appraisals precautions

blog about refinancing home loans and mortgages

Refinance Mortgage Loan

Richard Cunninghamm asked: When you want to refinance a mortgage loan, consider a home equity loan. The rate for refinancing a mortgage is usually lower than the initial interest rate on your mortgage and it depends on the amount of equity you have built up in your home. Home equity refers to the difference in [...]

Posted March 27th, 2011 in Real Estate | No Comments »

Refinancing mortgage, low ball appraisal. Do I have to pay?

MSV asked: Recently I am refinancing my mortgage, so that I can get cash back to buy a condo overseas. I decided to refinance, the loan officer promise me this and that, the whole bait and switch (Congress needs to make this illegal), I was kind of gullible to believe him, so I sign a [...]

Posted November 11th, 2009 in Renting & Real Estate | 7 Comments »