Tag Archives | Refinance Process

Calculating The Net Benefit Of A Refinance Transaction

By on June 28, 2010 in Mortgage

Calculating the net benefit of refinancing can be a challenging task if you do not understand what to calculate. We are going to focus on the net benefits of refinancing from the standpoint of lowering your interest rate. Although there are several reasons to refinance, lowering your mortgage rate to save on interest payments over [...]

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Four Possible Reasons To Refinance

By on March 31, 2010 in Mortgage

A mortgage is generally the largest debt most homeowners have to manage.  It’s a good idea to give your personal real estate finance portfolio a check-up at least once a year. Since there are many reasons a homeowner may choose to refinance, we’ll take a look at the four most common. 1.  Mortgage Rates Drop: Typically, the [...]

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Should I Refinance or Get a HELOC For Home Improvements?

By on March 28, 2010 in Mortgage

For homeowners interested in making some property improvements without tapping into their savings or investment accounts, the two main options are to either take out a Home Equity Line of Credit (HELOC), or do a cash-out refinance. According To Wikipedia: A home equity line of credit is a loan in which the lender agrees to [...]

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