Andrew Bicknell asked: When you refinance your home mortgage you are essentially replacing your existing loan with a loan of either the same amount or more, but with a lower interest rate. It is important to remember that refinancing your current loan is best considered when the current rates are at least 2% less then [...]
Darin Sewell asked: Being late on the mortgage is something that many home owners never experience. But for those who have had past due payments they know how stressful it can make life. You have probably asked yourself, can i refinance with late payments? Well rest assured because the answer is yes! Read on to [...]
Al Hardy asked: You know that your credit history is not perfect or pretty. You’ve heard that a lot of people are struggling financially and are in danger of possibly loosing their home. You might even be one of those people. You are researching the possibility of refinancing your home and you want to know [...]
VirtueOfIntolerance asked: My mortgage broker talked me into refinancing from 6 to 5%. It’s not a bad deal, but I’m having second thoughts about it because I don’t like how they’re rolling the FHA fee into the loan. Anyway, I already signed the papers and the closing is supposed to happen at the end of [...]
Me! asked: In the middle of January my new husband and I began the process of refinancing our loan. We live in Maryland and we began working with a lender in our area. We paid for an appraiser to come (their recommended appraiser) for $350, as well as paid $200 for some fee that Bank [...]