Please note that we are not associated with Fannie Mae in any way. So if you have any questions about their Refi Plus program, you will have to contact a Fannie Mae representative. This lesson has been posted to the Mortgage Refinance School as a basic guide to Refi Plus for homeowners. With that out [...]
Types of Loans | admin | 
July 17, 2009 7:48 am | 
Comments (0)
What steps are involved in the refinancing process, and what should you know about each step? That’s what I’d like to talk about in today’s lesson.
Below, you’ll find an outline of the home refinancing steps most people go through. I used the word “most” because the refinance process varies between different lenders, and from one [...]
Refinancing Process | admin | July 16, 2009 7:19 am | Comments Off
Many homeowners are wondering if they should refinance their homes now or wait until later. Are you one of them? Perhaps you’ve heard that interest rates are low, and that you could save money by refinancing? On the contrary, you might have also heard that property values have dropped, making it harder to refinance. So, [...]
Frequently Asked Questions | admin | July 3, 2009 8:00 am | Comments (0)
You have a first and second mortgage on your house, and now you want to refinance the home. Is refinancing possible under the circumstances? In some cases it’s possible, but in other cases not. Let’s talk about each scenario.
Many people who cannot afford a big down payment end up using a first and second mortgage [...]
Frequently Asked Questions | admin | July 1, 2009 7:19 am | Comments (0)
How can I refinance my mortgage with no equity, or very little equity? Is refinancing even possible in a negative-equity situation?
We have been getting this question a lot lately, and there’s no mystery why. Our recent housing collapse sent many people’s home values into a downward spiral. So millions of homeowners who had positive equity [...]
Frequently Asked Questions | admin | 6:55 am | Comments (0)
