Do No-Closing Cost Refinance Loans Really Exist?

Closing Costs

Refinance loans with “no closing costs” may sound like a really great deal at first.  I mean, who wouldn’t want a deal with no costs? The truth is, when it comes to refinancing your mortgage, the ‘no closing cost’ deal may become far less appealing when you learn how those fees are replaced with a higher mortgage rate and payment. Read More

HARP Loan Program: Refinance help for underwater homes

HARP Refinance

If you are underwater on your home (owe more than it’s worth) yet have stayed current on your mortgage payments, HARP is here to help you. HARP stands for the Home Affordable Refinance Program and is designed for you to refinance and obtain more affordable payments and interest rates than you have on your original mortgage.   Read More

FHA Streamline Refinance: Fast track to lower payments

FHA Streamline Refinance

If you want to reduce the payment on your current FHA mortgage, even if your home is now worth less than you owe on it, the FHA Streamline Refinance could be just right for you.  Remarkably, the FHA Streamline Refinance program requires no credit check, no employment or income verification and in most cases no appraisal of the property. Read More

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