Should You Refinance?
Why should you refinance?
Many don’t ever think about refinancing, but did you know the average person can save $100’s to even $1000’s a year by doing so? There is also no limit to the amount of times you can refinance your mortgage. Just this past quarter of 2015, borrowers that chose to refinance their loans will save more than $1.4 billion on their interests payments this first year of their new loan. Still not sure? house on money
Here are the top 4 reasons to refinance your home:
1) Reduce your interest rate and/or monthly payment. You’ll have the options to save more money or pay down your mortgage faster.
2) Consolidate multiple loans, credit cards, or other debt into one convenient payment while lowering your overall interest.
3) Change your amortization type. Going from an adjustable rate mortgage into a fixed rate mortgage locks you in to a lower rate though the life of your loan.
4) Get cash from the equity of your home to finance renovations, your kid’s college tuition, or even personal debt.
Debunking Myths and Revealing Truths about VA Home Loans
In this fireside chat video, Scott Van Vugt and I discuss the myths and truths of VA Home Loans. We highly rec...
Is Your Interest Rate Percentage Holding Your Equity Hostage?
Investing in homeownership has many advantages. Over time, home values increase, allowing you to sell your hom...
Navigating the Pros and Cons of DSCR Loans
If you’re a real estate investor, you know how difficult it can be to secure a loan for your next projec...