Five Questions to Ask Yourself Before Getting a Refinance
When you refinance a home loan, you change your existing lender and get a new one. In most cases, the existing lender would be charging a high rate of interest, and the new one would offer a lower rate. Refinancing has several financial advantages. It can save money, but there is no guarantee. You can […]
Changes in the World of Refinancing
Going back to the mid 2000’s, it was easier to become a proud house owner because an upfront payment and an excellent credit score were not mandatory to get home refinancing. The relaxation of trade underwriting norms resulted in more people being able to buy a home, getting their home refinanced, and even drawing out […]