Tag Archives: Refinance Mortgage

Looking to refinance home equity mortgage?

asked: Matthew

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Difference Between A Cash Out Mortgage And A Home Equity Loan?

Joseph Kenny asked: When you need the cash out of the equity of your home you may wonder which one is better for you – a cash out mortgage or a home equity loan. The truth is that both have … Continue reading

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Refinance or Second Mortgage? Combining 1st & 2nd Mortgages Together

Lynda Nelms asked: I had a recent conversation with one of my clients, Mr. Jackson, who is a finance savvy homeowner from Virginia Beach, VA. He asked me an interesting question that I wanted to share with you, because it … Continue reading

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Choosing Between a Second Mortgage and a Home Equity Loan

Joseph Kenny asked: There are some alternatives available to the homeowner who needs financial help but does not want to refinance their present mortgage. There are however, at least two main options if some sort of equity loan is desired. … Continue reading

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Which is Better – Home Equity Loan Or a No Cash Out Refinance?

Jon Spears asked: Every mortgage or refinance needs a target; something larger we’re trying to accomplish beyond just buying/refinancing a home or investment property. The best loan isn’t always the loan with the lowest rate, but the loan that helps … Continue reading

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How to Refinance Home Mortgage Loans

Juhani Tontti asked: Actually, when people want refinancing home mortgage loans, they have to pay away their old loans. They have to present their mortgage companies the so called pertinent documents, so that the companies can process the applications. The … Continue reading

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Reverse Mortgage Loans! Questions and Answers

Juhani Tontti asked: This article can handle only some of the many questions and I strongly recommend, that before you will sign anything, you go and meet the federal reverse mortgage counselor, who can tell, what is the best solution … Continue reading

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Refinance home mortgage for negative equity?

Steve M asked: Hi, I bought my house in 2006 for $450k with no down. Interest rate for the first loan (80%) is 6.5% and I got the 2nd loan with 9.5%. Now the estimated home value is ~$400k. I … Continue reading

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Refinance Both Your Home Loan and Home Equity Loan

Melissa Kellett asked: If you have a mortgage loan and you have requested a home equity loan too, you can refinance both loans and get a single loan and a single monthly payment with the same or better terms than … Continue reading

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