Re-Financing with an Interest Only Mortgage

Posted by admin on May 21, 2009 · Leave a Comment 

Interest only mortgages are a relatively new phenomenon in the re-financing industry as well as the home buying industry. While the appeal of an interest only mortgage is typically a greater monthly cash flow, this increased cash flow can come with a hefty price tag. In exchange for more cash flow each month, the homeowner
 

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Re-Financing with Bad Credit

Posted by admin on May 17, 2009 · Leave a Comment 

Many years ago, it would have been extremely difficult for those with bad credit to obtain a mortgage loan in the first place. However, today there are so many loan options available and so many ways for lenders to protect themselves that those with bad credit can not only find a suitable mortgage but can
 

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Re-Financing with Shorter Loan Terms

Posted by admin on May 15, 2009 · Leave a Comment 

For some homeowners there is the possibility of making a sound re-financing decision even when interest rates are stagnant, the homeowner does not have a great amount of equity in the home and the homeowner’s credit score has not increased significantly. You might wonder how this is possible. It certainly isn’t an option for every
 

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