Refinancing is the term that describes taking out a new home loan to pay off your existing one. Refinancing is done for a variety of reasons, but generally the purpose is to save money by obtaining a lower interest rate, or to exchange some of the equity in the property for cash. What’s involved in [...]
Read More...Would you like to buy a home? Can you afford a loan payment on your own or will you need to look at co-signing home loans to make it work? Buying a home is a huge undertaking because the debt is something that will stick with you for up to 40 years! 40 years is [...]
Read More...A recent report revealed that commissions were the single most important factor for brokers, when deciding which loans to recommend. And why wouldn’t they be? After all, mortgage brokers are just salespeople for various lenders. Like most salespeople, selling the deal that’s best for them, rather then the consumer, is the highest priority. This would [...]
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