Cash Out Refinancing
Refinancing is to pay off your existing mortgage with another one at a lower rate.A cash out refinance is refinancing your existing mortgage and borrowing some of your equity in a lump sum to use for other purposes. Such as home improvement, college tuition, family vacation, etc.Other reasons ... 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...

Benefits to Refinancing Your House Online
There are several methods to obtaining a refinanced home loan. Some homebuyers refinance through their current lenders, whereas others shop around for lenders offering better rates. Instead of applying for a new home loan through banks or mortgage companies, online mortgage brokers provide ... more...

Home Equity Loan Beware of Equity Stripping Scam
The market for mortgage refinancing has been brisk during the last few years. The boom in business can be attributed to interest rates that have been at or near historic lows, and to lenders who have more money to lend now that they arent investing in risky tech stocks anymore. Low rates and ... more...

How to Get the "Real" Low Home Loan Interest Rates Online
I've been involved with home loans and refinancing for several years now: As I use to work for a large mortgage firm and as a landlord of over 11 properties, and I've tried nearly all the major online loan companies like eloan, and others to compare rates (especially to refinance my income ... more...

Can One Loan Be Best for Any Homeowner From 18-108?
How could one loan Satisfy the Needs of every homeowner? Yet Many people get a Home Loan for 30 years. Won't a persons needs change many times over the 30 year life of this loan? So the best loan for every homeowner would need to be flexible.When you buy your first home often your income will ... more...

To Refinance or not to Refinance -- Here is the Answer
I have written many articles on refinancing a fixed rate mortgage to an adjustable rate mortgage. I have helped people cut as much as $800 off their monthly payments by turning their high fixed rate mortgage loan into a much lower ARM. This may be the time, however, to put the strategy in reverse ... more...

4 Debt Reduction Tips
If you are overwhelmed by debt, there are options you can take that will help you pay off what you owe without the stigma of filing for bankruptcy. Well examine four ways you can get your debt under control and start working back on the road to financial recovery.1. Contact your credit card ... more...

What is a Predatory Lender?
Several months ago, the 3,000-member California Association of Mortgage Brokers (CAMB) created the first real definition to describe the abusive lending practices of predatory lenders. According to the CAMB, predatory lending was described as "placing consumers in loan products with significantly ... 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...