Archive for August, 2009
Refinance Your Mortgage Now
Posted by: | CommentsIf you want a better interest rates or lower mortgage payment then wake up and talk to your lender or loan officer about mortgage refinancing programs that may be available to you whether you have good, fair or poor credit. Stop thinking about home refinancing and make the call before inflation makes the record low home mortgage rates disappear.
If you are a 1st time home buyer, consider FHA home loans because the rates are low and the FHA lenders require very little down. If you are in the military or are considered a Veteran, we strongly recommend VA mortgage programs, because the rates are great and no money down is required for home purchases and no equity is required for mortgage refinancing,
If you have an adjustable rate mortgage than it really is time to get out of bed and call a mortgage company that provides affordable refinance terms that you can lock in for 30 year term. The standards for mortgages are changing, so likely the lender will require full income documentation.