2007-02-11 19:15:41 · 7 answers · asked by roscoe123 1 in Business & Finance ➔ Renting & Real Estate
Check this site out!It helped me a lot while dealing with the same issues.
http://mortgage-loan.learnmagics.com
Hope it helps you too!
2007-02-11 22:14:21 · answer #1 · answered by rol3y2104 1 · 0⤊ 0⤋
Instead of refinancing, you may be able to get a HELOC. It is like having your own bank. You could check with a mortgage broker for that. I know of some if you need referrals. Also, you may be interested in this new program. It works well with a 30 year mortgage. I am currently using a HELOC with a new software program that helps build equity fast, and will payoff my home in less than half the time without refinancing, and without extra payments. It is saving me thousands in interest, and pays off home in less than half the years.
2007-02-14 03:18:13 · answer #2 · answered by marshae 1 · 0⤊ 0⤋
Be educated and make smart decions with that knowledge.
For example know that you can use a mortgage broker who will work on your behalf to get you the best rates and terms. Also know that his fee is negotiable and is within your control.
Ask for a good faith estimate up front so you can see all of the fees clearly and in a timely fashion. Nothing should change significantly from that original good faith estimate.
You can visit www.fivestarsmortgage.com to learn about cash out refinances or rate & term refinances. Rates are updated daily on the main page.
Mortgage brokers are a windfall to buyers in todays real estate market. But you MUST ensure you are working with an upfront mortgage broker. 10 minutes talking to one and you'll see what I mean.
All fees and deatails should be transparent to you. All your questions should be answered in terms you can understand. A good mortgage broker is building relationships and wants to educate you on the entire process.
2007-02-11 23:43:44 · answer #3 · answered by Anonymous · 0⤊ 0⤋
For low closing costs, I always go with Hamlin Mortgage. They do business in 48 states. To have one of their loan officers contact you, take 30 seconds and fill out the free form at
www.totaldebtsolutionsllc.com
2007-02-12 06:38:36 · answer #4 · answered by CALIFORNIA GOLD 3 · 0⤊ 0⤋
it is not "frequent" or rational to spend your existence paying a loan. valuable, credit distributors would such as you to think of this is. credit distributors and insurance companies prefer to get a decrease of each thing you spend. the quantity of money they take up for doing no longer something of genuine cost is impressive. the only rational element to do with "cost less costly rates" is to pay off your money owed and then perhaps you may arise with the money for an indulgence or 2 yet customarily you prefer to maintain on your retirement. "cost less costly rates" is by no ability genuine money. that is purely different between what you pay and a few mythological "record cost" that no clever guy or woman actual pays. once you "save money" it is not obtainable for some thing else simply by fact it by no ability existed interior the 1st place.
2016-09-29 00:07:27 · answer #5 · answered by ? 4 · 0⤊ 0⤋
Big Banks
And lendingtree.com
2007-02-11 19:20:09 · answer #6 · answered by Photographer 6 · 0⤊ 0⤋
try www.dotheloan.com.
They have low rate and good rep.
2007-02-12 18:13:37 · answer #7 · answered by celia s 1 · 0⤊ 0⤋