refinance mortgage Fullerton CA

October 15, 2019

4 Questions To Ask Before You Refinance Your Mortgage, Fullerton, CA

When making decisions about properties, it is usually a tough one. For one thing, it involves some serious amount of money; for another, the decision you make can affect your life in the long run. Before you even consider to refinance your mortgage, Fullerton, CA, make sure you put every factor into consideration. Here are 4 questions to ask before deciding to refinance your mortgage. How much equity do I have in my home? Why do you need to consider the equity in your home? Because it can affect interest rates. Most traditional mortgages require insurance when the loan-to-value (LTV) is greater than 80%. You can qualify for lower rates when it is less than 80%. The lower the LTV, […]