Posted on June 18, 2010, 11:56 am, by admin, under
Real Estate.
Louie Latour asked: If you are refinancing your mortgage there are a number of fees and penalties you want to avoid paying. Many homeowners focus only on finding the best interest rate when refinancing their mortgage loans. These homeowners often overpay for everything else on their loans and take out mortgages with prepayment penalties. Here [...]
Tags:
Bargaining Chip,
Best Interest,
Current Mortgage,
Existing Mortgage,
Loan Contract,
Loan Contracts,
Loan Refinancing,
Mortgage Lender,
Mortgage Lenders,
Mortgage Refinancing,
Poor Credit,
Prepayment Penalties,
Prepayment Penalty,
Refinancing Loans,
Refinancing Mortgage Comments Off |
Read the rest of this entry »
Posted on June 14, 2010, 11:54 am, by admin, under
Real Estate.
Louie Latour asked: If you are in the market for a new mortgage, one decision you will be faced with is whether or not you should pay points at closing. There are situations where paying discount points up front can save you money over the life of your mortgage. Here is what you need to [...]
Tags:
Bargaining Chip,
Bargaining Table,
Decision Points,
Flavors,
Free Mortgage,
Interest Rate,
Lender Fees,
Loan Value,
Money,
Mortgage Points,
Mortgages,
Negotiation,
New Mortgage,
Origination Points,
Pocket Expenses Comments Off |
Read the rest of this entry »