I have a mortgage I want to refinance to get the new lower rates. Which bank should I go to?
Which bank and what rates, terms can I get now? I have very good credit, never missed a payment. The rates the mortgage broker gave us 2 years ago were horrible, and we never pay off the principal. I want to pay off the principal with good rates. Which bank is best? Thanks- You can shop for rates at: bankrate.com / brm / rate / mtg_home. asp but usually you should start with the bank you use for your main banking since you already have a relationship with them
- one if the rates you received where bad then no you do not have good credit and would guess you also financed for a hundred percent. This means you have almost no chance of refinancing for what you owe because you most likely owe more than the home is worth. Most loans have very little toward the principle for the first 10 years or so that is the norm. But do not believe me go ahead have your home appraised, and apply to see what you can get
- Your best bet is to work with a mortgage banker / broker. The problem with going with a bank is its like going to McDonalds, you will only get their programs and rates. If you use a broker you now have access to multiple lender / programs and you a person shopping around for the best rates and terms. Here is an example. I just closed a client who went to Countrywide first. CW wanted the client to pay off over $16, 000. 00 in old collections before they would close a loan. I was able to get them the same FHA loan without having to pay all of that old debt of and saved them $16, 000
- First do not c on any links provided. Second deal with lenders in your local area. Because if anything goes wrong they will still be there to correct it, and most online lenders may not be. Your question depends on alot of factors you haven't provided, nor should you on this venue. Your whole financial picture needs to be considered before providing you with any options
Knowledge Base
Who is the best mortgage refinance company?
we are looking to combine our first and second mortgage on our home. current first approx. $80, 000 current second approx $60, 000 house value @ $165, 000 would also like to have a little cusion in the bank. with less than perfect credit who is our best choice of (mortgage refinance loans)
My wife and I are thinking about using Quicken Loans to refinance a mortgage on a rental property. Any advice?
has anyone else experienced quicken loans. this is the first time we have not delt with the "local banker" and we're nervous about the closing over the phone / internet thing. if you can not face them, why would you do business with them. we had a deal once on (best refinance mortgage)
What's a good mortgage refinance rate right now?
looking at refinancing a home loan. i have over 25% equity in my home and an excellent credit score. currently paying 6. 5% on a 30 - yr fixed and i know i can do better. what rates are out there in the market right now? looking for fixed 15 (mortgage refinance rates)
Knowledge Base: Mortgage Refinance
how do i get the best mortgage refinance?
hey kevin, it may sound left field, but i'd go for an interest only mortgage. you can take the difference in payment and put it in a vehicle that's safe, liquid, and earning interest even a savings account. most do not do it because most do not understand the risk (best refinance mortgage)
best bank to refinance mortgage?
what would be the best bak of choice to refinance my mortgage?. that's a trick question. i would suggest you first ask your regular banking account manager. === if i was paying off a mortgage - and never missed a pymt - ? i'd go shopping for money. where. ? (mortgage refinance loans)
How can I get a High - LTV ration mortgage refinance loan?
i have a recently purchased condo in dc with a value that continues to tank with the economy. currently have 2 mortgages on it making the ltv somewhere in the neighborhood of 110 percent. looking to refinance i have relatively high income, excellent credit property value approximately $250, 000 and (mortgage refinance loans)
I am looking for the best mortgage company for a refinance. Two criteria, low interest rate and low fees. ?
does anyone have any suggestion? where to look, what to stay away from or tricks of the trade. made a poor decision on our present mortgage and do not want to do a repeat. am locked in on present note for 45 more days and then we want out. looking (mortgage refinance loans)
Can I refinance a mortgage with bad credit?
i have been in the house 8 years and have a rate of 7 for 30 years. i have bad credit and wonder if it would benefit me to refinance to a lower rate?. no. tom only a lender can tell you for sure. depends on what you mean by (home mortgage refinance loan)
Knowledge Base: Mortgage Refinance Rates
Mortgage Rates - Refinance?
i live in virginia and recently purchased a home. this is my second mortgage. i had no idea how much mortgage rates had increased. i am paying 6. 75 as compared to 6. 125. are mortgage rates expected to climb or is it possible for me to refinance and get (mortgage refinance rates)
Where can I find the lowest mortgage rates and refinance rates in the USA on the internet?
do you think the rates have hit bottom? we like to use a local mortgage broker but the last time they did not over us the lowest rate out there. we knew the lowest rate from bankrate.com so we got it. bankrate.com no longer lists the lowest rates in the (mortgage refinance rates)
I have a mortgage I want to refinance to get the new lower rates. Which bank should I go to?
which bank and what rates, terms can i get now? i have very good credit, never missed a payment. the rates the mortgage broker gave us 2 years ago were horrible, and we never pay off the principal. i want to pay off the principal with good rates. which bank (mortgage refinance rates)
mortgage / refinance?
based off of the most common outlook for the housing and financial markets, are mortgage and refinance rates going to decrease?. they are not directly related. you are talking about two different markets - housing and financial. and mortgage rates are actually rising right now as the housing market continues (mortgage refinance rates)
Are the interest rates the same between people who take a new mortgage and those who refinance?
i want to take advantage of the decline in intest rates by refinancing my mortgage. when i search online i find a lot of rates quoted for new loans but not much for refinancing. is it safe to ume the refinancing rates will be similar to the new buyer's rates (mortgage refinance rates)
