Lending Expert Blog

September 27, 2019

Refinancing Your Home Loan, Daytona Beach, FL? Answer First The Following Questions

Mortgage refinancing can be a complex undertaking, particularly for beginners. There are many industry jargons that, when misconstrued, could lead to a decision that isn’t favorable to borrowers. With this, it is imperative to ask questions. It is beneficial to ask for help from mortgage experts. Speaking of asking questions… There are several questions that you need to ask and answer before you even call your prospective lender to express your intent to refinance your home loan, Daytona Beach, FL. Some of these are the following: How old is my current mortgage? It makes no sense, for instance, to go for a 15-year mortgage (or above) if you only have 5 to 10 remaining years on your current loan. That […]
September 26, 2019

Consider These Questions Before You Go For Mortgage refinance, East Texas

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 […]
September 25, 2019

Factors Influencing Loan Refinance Rates, Scottsdale, AZ?

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 for help from experts. Speaking of asking questions… There are several questions that you need to ask and answer about the factors affecting loan refinance rates, Scottsdale, AZ before you even call your prospective lender to express your intent to refinance. Some of these are the following: The type of refinancing you apply for. Mortgage experts say that borrowers applying for a rate-and-term refinance will usually pay the same rate as those who are buying a home. If […]
September 24, 2019

Questions To Ask Before You Consider Home Loan Refi, Irvine, CA

The mortgage industry can be a complicated subject most especially for beginners. There are many industry jargons that, when misunderstood, could lead to a decision that isn’t favorable to borrowers. With this, it makes sense to ask questions. It is beneficial to ask for assistance from experts. Speaking of asking questions… There are several questions that you need to ask and answer before you even pick up your phone and call a prospective lender to express your intent to apply for mortgage refinancing. How long is my current mortgage? It does not make sense, for instance, to apply for a 15-year mortgage refinance (or above) if you only have 5 to 10 remaining years on your current loan. That is […]
August 24, 2019

Questions To Ask Before Going For Home Loan Refi, Palm Beach, FL

Planning to buy a new home? There are several loan options available that can help you achieve that goal and one of them is home loan refi, Palm Beach, FL. However, while this can be a promising instrument to save some good amount, there are also several drawbacks of this option that you should pay attention to. We are sharing in this post some important questions about home loan refi, Palm Beach, FL, which might help you make an informed decision on whether to go for refinancing or not. Consider the following: Why do I need equity in my home? To qualify for a new loan without paying private mortgage insurance (PMI), you have at least 20 percent equity in […]
August 22, 2019

Considering Home Loan Refi, Fort Worth, TX? You Should Ask Yourself These Questions

There are several mortgage loan options available when buying a new home and one of these is home loan refi, Fort Worth, TX. But here’s the thing you need to think about when it comes to refinancing: though it offers a promising opportunity to better your finances, there are several drawbacks as well that you should be aware of. In this post, we are sharing some important questions about home loan refi, Fort Worth, TX, which may help you make the most appropriate decision – on whether to go for it or not. Consider the following: Why do I need equity in my home? In order for you to qualify for a new loan without paying private mortgage insurance (PMI), […]
August 20, 2019

Refinance Mortgage, Tucson, AZ – Things To Consider

The latest market figures suggest that homeowners could save big amounts if they go for refinancing today for mortgages originated in 2018. That is because 80% of mortgages from last year carry an interest rate that is 0.75% higher than the prevailing rate today, which is 3.49% – that is based on the figures provided by Freddie Mac. There is one important reason why a lot of homeowners are still not able to take advantage of mortgage refinancing – the lack of awareness about how the mortgage industry works. In this post, we are sharing some things to consider before deciding to refinance a mortgage, Tucson, AZ. Take note of the following: Current interest rate. If you can find a […]
August 19, 2019

Refinance Mortgage, Orange County, CA – Things To Consider

The latest data suggests that homeowners could save big if they go for refinancing today for their mortgages originated in 2018. That is because 80% of mortgages from last year carry an interest rate that is 0.75% higher than the prevailing rate today, which is 3.49% according to Freddie Mac. There is one major factor why many are still not able to take advantage of mortgage refinancing – the lack of awareness about how the mortgage market works. In this post, we are sharing some things to consider before you refinance a mortgage, Orange County, CA. Take note of the following: Current interest rate – If you can get into a lower rate mortgage, a refinance is worth looking into. […]
July 29, 2019

Home Loans, Chandler, AZ – Options To Consider If You Can’t Afford A Full Down Payment

Saving some cash to put down for a new home to buy can be challenging. A 20% downpayment is pretty big for many, particularly for those who are just starting to earn an income. But most experts recommend that amount for several reasons. For one, it avoids private mortgage insurance payment; for another, it helps to get a lower interest on home loans, Chandler, AZ. If you feel like it may not be possible to save up that much, you are not alone. According to Realtor.com’s Dec 2018 data, the typical millennial homebuyers put down an average of 8.8% of their home’s purchase value. If you still find 8.8% difficult, no worries – all is not lost. There are a […]
July 26, 2019

How to get the best deal on VA loan rates, Oceanside, CA

Just like anyone else, you would want to get the best deal on VA loan rates, Oceanside, CA. That is because it will have a huge impact on your monthly premium and in your life in the long run in general. The lower the interest rate, the better. In this post, we are sharing some tips on how to get the best VA loan rates, Oceanside, CA. Here’s your to-do list: Do prior research. Before accepting any mortgage deal, it is a must that you do your homework first. Enough research should be done to know your prospect better. This should come a lot easier today with the help of the internet. Some resources you can check out include: local […]