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Refinance, Home Equity ? Which home loan is
right for you ?
We'll take into consideration whether you
need cash, your current interest rate and your current home equity
to determine what is best for you; Cash-out Refinance,
Home Equity Loans, 125% Mortgage....more
Loan Basics
Understand Loan Amortization
Home Equity Loan vs. Home Equity Line of Credit ARM Loan Balloon Mortgage
Conventional Mortgage
Bad Credit Loans
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| Make one
extra mortgage payment yearly on a
30 year note and cut your term by approximately 7 years. |
| The average
American stays in a home less than 5 years. Consider a 5/1 arm loan to get a lower interest
rate. |
| Your credit
affects the interest rate at which you can borrow. To learn
more about credit visit mycreditcheck.com |
| Don't look
just at interest rates when doing a refinance. Consider your
current amortization. |
| A Home Equity Loan is different than a
Home Equity Line of Credit. Know
the difference. | |