Photo by NeONBRAND on Unsplash
Are you contemplating refinancing your mortgage, but aren’t sure if it’s the right move? Some common reasons people do a refinance include:
Read MoreHow to Prepare Your Home for a Refinance Appraisal
Need to refinance? Your lender may require a home appraisal before approving any changes in financing.
As a homeowner, you’ll obviously want to get the highest appraisal you can to ensure that you’re able to secure the amount of financing you need.
While you have no direct control over what the market says your home is worth, it is within your power to do everything you can to get the best appraisal possible.
Read More10 Signs its Time to Refinance
Perhaps you’ve thought about refinancing your mortgage, but you’re unsure whether or not it’s the right move. Maybe you’re asking yourself if it’s the right time, and wondering if rates will stay low, go lower or even begin to rise.
Truth is, sometimes it’s hard to know when to take the plunge.
Whether you bought a home recently or many years ago, you probably noticed that mortgage rates stayed near historic lows in early 2021.
Read More5 Things That Can Kill Your Mortgage Application
Guest Blogger: Scott Sheldon
Getting a mortgage can be no small task. These days, borrowers have to meet stringent income and credit requirements to get a lender to finance their new home. But even with proper documentation and a stellar credit score, the process can go awry.
Here are five things borrowers still do that can make getting a mortgage more dicey.
