If you have lived in your home for a period of time that has allowed you to build equity through appreciation and monthly mortgage payments, you may be considering liquidating some of that equity through cash out refinancing.
Considering a Mortgage Refinance
If you are looking for a mortgage refinance, it never hurts to shop around for the best rate and deal. Shopping around could mean the difference between paying or saving thousands of dollars in closing costs, and interest fees.
Dont Be Stopped by Bad Credit
If you are interested in buying a new home or refinancing the one you are currently living in, but think that you are out of luck because you have bad credit, think again.
Dont Let Bad Credit Stop You
When I worked as a loan officer, it wasnt unusual for me to come across people who thought they were out of luck because they had bad credit.
Finding a Bad Credit Mortgage
If you are looking to purchase a home or refinance the one you are currently living in, but believe this may not be a possibility for you because you have bad credit, think again.
Finding a Mortgage Refinance Advisor
If you are looking to refinance your home for a lower rate, or you are interested in a refinance with cash out to do some home repairs, buy a new car, etc., you may want to consider finding a mortgage refinance advisor.
Getting a Home Inspection
If you are in the process of purchasing a new home, it will definitely be in your best interest to have a home inspection done.
Getting a Mortgage With Bad Credit
The mortgage industry is a very competitive one and there are literally hundreds of lenders or wholesale lenders across the country that would seriously consider doing business with you even though you have bad credit.
Agreement of Sale
When the time comes for you to purchase your new home, both you and the seller will have to come to an agreement.
Assumption, Assuming a Mortgage
This type of mortgage scenario might just be a nice fit for someone who is looking to save money on closing costs and assume a low interest rate.
Debt Consolidation Loans
Wouldnt it be nice to make just one payment per month instead of several? Most of us not only have a mortgage payment. We have car payments, credit card payments, student loans, etc.