Mortgage & Refinancing Information


Refinancing Online - Get The Best Refinance Home Loan You Can Get


When going to refinance or get a mortgage loan quote, the internet can be a useful tool to shop around for the best interest rate. The reason the internet is a good place to start applying, is because most mortgage applications online do not typically pull your credit with the first application. Most of the time, the application will ask you to describe your credit. Once you have received an initial offer, then, the mortgage loan consultant who contacts you will ask you if they can pull your credit.

The point is, there is really no risk in applying to many different mortgage companies or lenders online. This can help you compare refinance quotes from multiple lenders.

There are quite a few mortgage companies out there that will submit your pre-approval application to hundreds of lenders and then forward you the 4 best mortgage loan refinance quotes. To see a list of these companies, click on the link below. If you do this pre-approval process with about 3-4 companies, in less than 24 hours, you could have mortgage refinance quotes from about 12-16 lenders. Imagine how comfortable you would feel knowing what all of your refinance options are. If you had over 10 mortgage loan offers, you would not make the mistake of settling for a refinance loan that is not the best you can get.

When refinancing, you absolutely want to make sure of a few things before you settle on an offer:

1. Make absolutely sure that you are getting the lowest mortgage rate possible for your qualifications. With mortgage rates slowly on the rise, you want to make sure that you are not getting a mortgage loan any higher than you can qualify for. If you go direct through the lender and not use a broker middleman, sometimes that can help you get a lower interest rate.

2. Find out what your closing costs are going to be. You may be going back and forth with different lenders to get the lowest interest rate and then get dinged at the closing table with massive closing costs. Ask each lender that makes you an offer to give you an estimate on what the closing costs are going to be and compare the lenders.

3. Make sure the terms of the financing are what you want. If you want to have a variable interest rate, then get one. If you are more comfortable with a 5 year fixed rate, then make sure that you don't get talked into settling for something less. You can't refinance as often as you want, so you want to make sure you do it right, because once your done, you are locked in.

Take advantage of the internet and apply to many different mortgage companies that will provide you multiple offers. Do this to make sure you can compare offers from many different companies instead of taking a chance of getting what you don't want.

To see our list of highly recommended refinance mortgage lenders who can give you quotes from multiple lenders, visit this page: Recommended Refinance Mortgage Lenders.

Carrie Reeder is the owner of ABC Loan Guide. ABC Loan Guide is an informational loan website with informative articles and lists of recommended lenders for all different kinds of loans.


MORE RESOURCES:
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


NBCNews.com

Testimony: Manafort omitted information from mortgage refinance application
NBCNews.com
When court resumed this morning, the government called Melinda James, a mortgage loan assistant at Citizens Bank, to the stand. James was the mortgage loan assistant to Paul Manafort when he applied for a cash-out refinance loan — a loan that allows ...

and more »


The Mortgage Reports (blog)

How should I apply for a mortgage refinance: in person, by phone or online?
The Mortgage Reports (blog)
If Artificial Intelligence (AI) becomes a bit more intelligent, there may be no reason not to apply for a mortgage refinance online. Truly intelligent AI will offer the speed and convenience of today's online applications with the personal service that ...

and more »


Primex Mortgage Corporation Finds Ideal Mortgage Refinance Rates in Silver Spring and Bethesda
Digital Journal
Rockville, MD -- (ReleaseWire) -- 07/27/2018 -- Obtaining the ideal mortgage refinance rates generally requires cost comparisons and one can start by searching for rates from firms that one already works with. Refinance mortgage rates can be acquired ...



Business Wire (press release)

Mountain America Credit Union Selects Docutech's ConformX and Solex Platforms to Optimize Account Onboarding ...
Business Wire (press release)
... has selected Docutech's ConformX dynamic document generation engine, Solex eSign and eClose, and print fulfillment services to streamline new account onboarding, and consumer, home equity and short-term mortgage refinance lending processes for ...



Kenya's Oldest Mortgage Lender Wants to Jettison Its Entire Book
BloombergQuint
HF Group is helping the government set up Kenya Mortgage Refinance Co., or KMRC, by the end of the year, Waweru said. The state will inject 1.5 billion shillings into the company in exchange for a 20 percent stake, while the remainder will be owned by ...



National Mortgage News

Mortgage refinance candidates cut by half in the past four months
National Mortgage News
The number of mortgage borrowers for whom it made sense to refinance declined by nearly half since the end of last year and is at its lowest since November 2008. Approximately 2.3 million mortgagors are candidates for a refinance, a decline of 2 ...



CNBC

Mortgage refinance applications surge 9 percent as rates fall back
CNBC
Interest rates on home loans are now significantly lower than a year ago, and that may be bringing more homeowners back to their lenders to refinance. Total mortgage applications rose 4.7 percent last week from the previous week. The increase in the ...

and more »


HousingWire

Mortgage refinance share jumps 5% despite rising interest rates
HousingWire
Mortgage refinance share jumps 5% despite rising interest rates. Expected to soon sink back down. February 23, 2018. Kelsey Ramírez. KEYWORDS Ellie Mae FHA mortgage rates Refinance. House. The refinance share of mortgage activity increased a full ...

and more »


HousingWire

MBA: Mortgage refinance apps increase from week before
HousingWire
Mortgage applications increased 0.7% from last week, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending February 2, 2018. On an unadjusted basis, the index increased 4% from last week.

and more »


Bankrate.com

4 ways to get the best mortgage refinance rate
Bankrate.com
When mortgage rates are low, you can cut your monthly house payment by refinancing into a better interest rate. If you can shave at least one-half of 1 percentage point off your current mortgage rate, it can be worth your while to trade in your ...

and more »

Google News

home | site map
© 2007