No Cost Refinance- The Broker Advantage
Lender’s post daily rate sheets and at each interest rate offered, there’s one of three results: “Par”, “Cost”, or “Rebate”. Rebate is used to pay closing costs, but read on and you’ll discover how more of this rebate can go into your pocket.
Continue Reading →FHA Costs to Increase this Spring
If you’ve been sitting on the fence considering refinancing your FHA loan. The latest news from Washington may be the nudge you need to move forward and get your refinance completed. The FHA plans to announce yet another fee increase in its mortgage insurance premiums, that’s in addition to the increase required by Congress.
Continue Reading →FHA Streamline Refinance Rules
A Streamline Refinance loan through the FHA will lower your rate and payment. If you qualify, taking advantage of today’s low rates through a FHA streamline refinance will be a smart and easy decision. Here’s some rules that the FHA has established for these loans.
Continue Reading →FHA Streamline Refinance
If you currently have a FHA loan, it’s a great time to consider a refinance. An FHA Streamline Refinance allows you to trade your loan in – easily – for one with a lower rate and payment. Here’s some things to consider when refinancing a FHA loan.
Continue Reading →HARP 2.0 Highlights
The GSE’s (Fannie and Freddie Mac) announced enhancements to the HARP program which will take effect in 2012. The program enhancements are exciting and will offer refinance opportunities to many more Americans who are underwater on their mortgage
Continue Reading →Low Mortgage Rates for 2012
Ready to refinance? Low mortgage rates are compelling many homeowners in California to refinance. If you’re considering a refi, here’s some points to understand before applying, and to avoid any surprises.
Continue Reading →Considering a No-Closing Cost Loan?
If the thought of paying closing costs are keeping you from refinancing, you may want to consider a “No Closing Cost” mortgage. In this type of refinance, you don’t have to pay the upfront fees that are incurred with a loan transaction.
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