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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
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Loan FAQS
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.

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Understand your loan or mortgage and save thousands. Your credit will affect your rate and term. Get the facts before you refinance. Saving monthly does not mean saving over the term of your loan on a refinance.
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