Mortgage Debt Consolidation And Refinancing
Mortgage | Refinance

Mortgage Debt Consolidation And Refinancing

Mortgage debt consolidation Why pay interest rates of 12%, 18%, 24%, or even 36% when you could consolidate your debts by refinancing a debt consolidation mortgage? Mortgage rates are the cheapest Did you know that the best interest rates are the ones you would get on your property? The best interest rates are those secured…

The Pros And Cons Of A Reverse Mortgage
Mortgage

The Pros And Cons Of A Reverse Mortgage

Today’s American retirees have to change their retirement plans due to changes in the retirement horizon. First, retirement lasts much longer. With life expectancy at almost 79 – and even many people live past 90 – retirement savings must now last for possibly 30 years. In addition to the longer life expectancy, government and employee…

Getting A Mortgage With Bad Credit
Mortgage

Getting A Mortgage With Bad Credit

If you are looking for a first or second mortgage and you know that your credit score is poor, then there is no need to lower your shoulders because there are several other ways that can lead you to achieve your goal. Unfortunately, your credit history is being considered to decide whether or not to…

Importance Of Debt To Income Ratios (DTI) For Loan Modification
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Importance Of Debt To Income Ratios (DTI) For Loan Modification

One of the most important qualifying factors for the loan modification process is the debt-to-income (DTI) ratio. If you can understand this concept and how will it apply to your unique circumstances, then you can increase your chances of being approved for a home loan modification. The reason is that your bank focuses on certain…

Are Cash-Out Refinance Loans Such a Good Deal?
Refinance

Are Cash-Out Refinance Loans Such a Good Deal?

Refinancing your home loan can be beneficial or the biggest mistake of your life depending upon your loan terms, duration, and several other factors. Actually, there are many variables to analyze before you could make the final decision. While considering mortgage refinancing, consider previous loan’s terms as well, but more than that, you need to…

When And How To Refinance Your Mortgage?
Refinance

When And How To Refinance Your Mortgage?

Refinancing a mortgage is a smart move made by people to pay their mortgage at a lower interest rate. But, how successful it may seem, refinancing a mortgage is not for everyone because every home loan is different because of varied interest rates, duration of the loan, and other conditions. Let’s find out if refinancing…

Weighing The Pros And Cons Of A Cash Out Refinance
Refinance

Weighing The Pros And Cons Of A Cash Out Refinance

The whole motive of cashing out is to pay off debts and consolidate the funds for monthly savings. There could be several reasons why people would opt for cash out. Maybe they want to go on their dream vacation or remodel their house, etc. The reasons for cashing you on your home are as varied…