Published by HomePlus at September 26, 2019 The mortgage industry can be a complex matter, particularly for beginners. There are many industry jargons that, when mistaken, could lead to a decision that isn’t favorable for borrowers. With this, it is imperative to ask questions. It is beneficial to ask help from mortgage experts. There are several questions that you need to ask and answer before you even call your prospective lender to express your intention to refinance. Some of these are the following: How old is my current mortgage? It makes no sense, for instance, to go for a 15-year (or above) mortgage if you only have 5 to 10 remaining years on your current loan. That is because, in the end, you might be paying more […]
