Searching for the best refinancing company in AZ? It's a good time. Rates are low are there are plenty of lenders who are actively lending money. Just a few of the popular refinance programs that lenders are seeing a boom in when rates are low are the: FHA streamline VA streamline Jumbo refinance USDA refinance Of course there are others, but those are just a few of the ones that … [Read more...]
Is It The Right Time To Refinance?
Refinancing is becoming a volatile endeavor for homeowners. Mortgage rates have continued to plummet, allowing many homeowners to undergo a period of constant refinancing to cut the extra dozens – to hundreds – off their mortgage payment. However, it’s never as cut as dry as simply seeing a low interest rate and then jumping to refinance with your mortgage. Depending on what kind of loan you … [Read more...]
Saving Money Without Refinancing Your Mortgage
Across Arizona, many people are trying to refinance but are finding out that they can't because they owe more than their home is worth on their mortgage. Although there are a few programs like the Obama 105/125% refinance, many people still don't qualify for those and the FHA streamline and VA streamline programs are about to change the rules so it is only going to get tougher. But if you are … [Read more...]
Obama Refinance: Is 105% Going To 125%?
Many people in who are current on their mortgage payments and want to refinance their home have spoken with their lender about the Obama refinance -- where they can be up to 105% "under water" and still get a Fannie Mae / Freddie Mac loan. What they are finding out once their appraisal comes back is that they are actually "under water" by more than 105% -- and now they are trying to decide what … [Read more...]