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Lies Mortgage Shoppers Hear
    December 2, 2002, Revised July 16, 2004 "I am about to shop the market for the mortgage I need to finance my home purchase.  Is there a danger that people won?t tell me the truth?  Any lies I should look out for in particular ... more...

Is a Balloon Loan Better Than an Adjustable Rate Mortgage?
  May 4, 1998 "I have been offered a 5-year balloon loan at 6.5% and zero points, and a 5-year ARM [adjustable rate mortgage] at 6.125% and zero points. Is there any reason why I should not choose the ARM?" No reason, provided you confidently expect to be out of ... more...

refinance calculate related definitions

Refinance
Refinance Refinancing refers to applying for a mortgage loan intended to replace an existing loan secured by the property. Homeowners usually consider refinancing for the purpose of getting a better interest rate, loan term, or to draw cash from the equity. ... more...

Wraparound Mortgage
Wraparound Mortgage Mortgage Loan which provides a buyer with the amount of the remaining balance on a seller's mortgage plus an additional amount which is requested by seller as part of the contract of sale. Payments are made to the lender who holds the wraparound loan. ... more...

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Get Free refinance calculate Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Sometimes the Best Deal Isn't the Right Deal when It's Time to Refinance Your Home
Many people are looking to refinance their home as a means of pulling money from their rapidly rising real estate. The intent may be to reduce other debts, finance a vacation or maybe you're just looking at refinancing your home as a means of getting a better deal. But are all better deals good ... more...

About Refinancing Your Home Mortgage Loan
Because of low mortgage rates, many homebuyers choose to refinance their current home loan. Refinancing at a lower interest rate means homeowners will pay reduced monthly payments. The ultimate goal of refinancing a home loan is to save money. Although refinancing may appear to be a smart move, ... more...

Deducting Points On Home Refinances
Deduction of Refinance PointsAny points that you pay in the refinancing of your residence are tax deductible over the length of the loan in question. The deduction is allowable only if the residence is your primary home and the new mortgage replaces a previous one and/or is used to improve the ... more...

Refinancing Mortgage Loan - Get The Lowest Interest Rate You Can When Refinancing
Refinancing can be a very simple process. You fill out a few applications, take the best offer and youre done. You already own your home, so, depending on your broker, the whole process can be fairly simple. Just be careful and make sure you do your homework before you accept a refinance loan ... more...

Refinancing Your Auto Loan
Refinancing your loan is one of the best kept secrets around for saving you money, but most people never think of it. Whether refinancing your home or car the process is the same. When refinancing car loans, you pay off your current car loan with a refinancing car loan from a different lender that ... more...

Best Refinance Mortgage Rate - Improve Your Odds of Getting a Low Rate
Obtaining a mortgage refinancing has several benefits. However, the only way to realize these benefits is to qualify for a low rate mortgage. Even though refinancing a home is ideal for securing a fixed rate mortgage, without acquiring a lower rate, you may not save on your monthly mortgage ... more...

The Question: Refinance Mortgage or Not?
Is a refinance mortgage the right thing for you? This is a difficult topic to figure out for the average person. There are several things to consider in order to make the decision about whether or not you should get a refinance mortgage. Here are some things that you should consider before ... more...

Refinance Your Mortgage - You Could Save Thousands Or More Dollars Over Time
There has never been a better time to refinance your mortgage. Interest rates are at all time low levels and you could potentially save tens of thousands of dollars over the life of your loan when you refinance at a lower interest rate. Keep in mind that it is not necessary for you to refinance ... more...

Poor Credit Mortgage Refinance - Getting Approved
Because of low interest rates, many homeowners are opting to refinance their homes and cash-out at closing. The refinance process is similar to the procedure of obtaining the original mortgage. Homeowners must be approved by a lender and pay fees associated with acquiring a new loan closing cost, ... more...

Poor Credit Mortgage Refinance Getting Approved
Because of low interest rates, many homeowners are opting to refinance their homes and cash-out at closing. The refinance process is similar to the procedure of obtaining the original mortgage. Homeowners must be approved by a lender and pay fees associated with acquiring a new loan closing cost, ... more...

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