Reader Question: I have a bankruptcy in my past and I want to refinance my home. I’ve read a lot of conflicting advice on this subject. Is refinancing a home after bankruptcy possible in this economy?
Let me start with the easy answer, and then we will get more specific. The short answer is yes, it’s [...]
Frequently Asked Questions | admin | 
November 11, 2009 10:25 am | 
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Reader Question: “Who is the best lender for home refinancing loans today? I’ve heard that a lot of lenders went under during the economic crisis. Who is still providing home refinancing loans these days?”
It’s true that some financial institutions were reorganized or bought out by other companies over the last few months. It has certainly [...]
Frequently Asked Questions | admin | 10:08 am | Comments Off
If you’re a homeowner, I’m sure you have heard a lot about mortgage refinancing on the news lately. Following the mortgage crisis that led to our current recession, a lot of homeowners were rushing to refi.
The question is — when does it make sense to refinance a mortgage loan, and when should it be avoided? [...]
Frequently Asked Questions | admin | 9:17 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)
How soon after buying a home can I refinance my mortgage loan? This is one of the most common question we are getting from homeowners right now, and for a good reason.
When mortgage rates dropped to record lows over the last few months, many folks were rushing to refinance their homes at a lower rate. [...]
Frequently Asked Questions | admin | June 30, 2009 8:50 am | Comments (0)
