Tag: refinancing

LendingTree Review (Is it a Good Idea?)

While we wrote the following post a few years ago, a lot of the information is still pertinent if you are looking for an online lender, like LendingTree. Getting multiple offers from banks can be a real benefit – but as you can see – there are some downsides to be aware of.   With interest …

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This Company Will Help You Pay Off Your Student Loans

I’ve mentioned here before that my wife and I have a large student loan debt that we are currently paying off. My wife incurred it after receiving a Masters of Social Work degree. While it is / was a noble career pursuit, it is not very high paying. And with my wife only working part-time due …

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Refinancing When You are Underwater in Your Mortgage

It was about a year ago that my wife and I were contemplating whether or not to refinance our house considering the rates were so good. We didn’t end up going through with it for a variety of reasons – but are now, once again – considering a refi. I was afraid we weren’t able …

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What is the FHA Streamline refinance program

From my understanding of it - the FHA Streamline allows borrowers to refinance their existing loan amount to get a lower monthly interest and principal payment. The downside to it is that you cannot take any money out after the refi.

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Considering a refi

With rates at record lows, my wife and I are considering refinancing our home. Here are some things to note as you consider this possibility too (Note: this is the first refi for both my wife and I.) Work with an experienced mortgage pro. I can’t stress this enough. We have been truly blessed with …

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Benefits of the economic downturn – mortgage rates

For those of you who been very wise with your money prior and during the economic downturn there is a silver lining, mortgage rates. With the US dollar seeing a dramatic rebound and the EURO coming under a lot of pressure it has many investors fleeing to US  Treasuries for security. With that it has …

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