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Financing a Mobile Home
How to Generate Real Estate Leads
Job Description of a Realtor
How to Make Money in Real Estate
What Is a Real Estate Attorney?
Becoming a Real Estate Agent
How to Refinance
What Does it Take to Become a Realtor?
How Long Does it Take to Become a Realtor?
What Is a Silent Real Estate Investor?
Mortgage refinancing is an excellent financial tool for reducing mortgage payments in certain circumstance… More
The most primary reason to refinance is that the mortgage payment under the new mortgage would have a lowe… More
Refinancing is renegotiating a bank loan at a lower interest rate for a given period of time. Better under… More
Refinancing makes sense every time there is the slightest tick down in interest rates, as long as the fees… More
Refinancing a first and second mortgage together is a simple process that is quite similar to a first mort… More
One benefit of interest only mortgage refinance is increased cash flow. Discover the other benefits of int… More
If you have equity in your home, you may be able to refinance and get money back to make repairs, pay for … More
When calculating the cost of refinancing a home, do a good faith estimate and note the inclusion of state … More
Refinancing a house is a very big decision that should only be done if it is a financially sound decision.… More
Refinancing involves taking an existing loan and making it more affordable overall for the borrower. This … More
Chapter 13 bankruptcy allows the debtor from 3 to 5 years to restructure his finances to satisfy obligatio… More
Refinancing a home mortgage begins by consulting with a mortgage professional to get a good-faith estimate… More
Refinancing a home can seem like an overwhelming endeavor, but the many benefits it brings can very well o… More
Summary: Refinancing a home mortgage begins by consulting with a mortgage professional to get a good-faith estimate for a new interest rate and better loan terms. Consider refinancing a home after 12 months of purchase with helpful information from an experienced real estate agent in this free video on financing homes.
Lorna Collette and Kirk Clow are real estate agents with Equity Real Estate in Salt Lake City, Utah.read more
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"Hi, I'm Craig Collete with Equity Real Estate here in Salt Lake City, Utah. I'm here to talk to you about how to refinance. One of the biggest things you need to realize is that typically you need to be in your house at least twelve months. There's advantages and disadvantages to refinancing with the same mortgage company that you originally bought your house with. A couple of things I would recommend would be go and talk to a good mortgage professional, talk it over with them. That would be the first thing, whether that's a bank, a local bank, a credit union or a grand national bank, or just somebody small that you feel comfortable with, maybe a good friend. One of the first things I would recommend would be go and talk to a mortgage professional, whether that's a bank or a credit union, on a local or national level, go talk to them, get advice. What you're looking for would be a good faith estimate. So basic, what percentage are you going to quote me at, what's going to be the terms of the loan, is it going to be an ARM, is it going to be a fixed, go find out all the details on that. Once you've got a couple of those good faith estimates then you can really compare in contrast with, is this a better deal than what I've got right now and who can make the best deal for me. So that would be the best way on how to refinance."
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