New homebuyers are not the only people that can benefit from today’s low interest rates – refinancing mortgage rates for existing homeowners are low right now too. Planning on refinancing your homes? Here are a few things you should know about refinancing mortgage rates: What is a refinanced mortgage? A refinanced mortgage is when a homeowner replaces their new mortgage…

If you’re refinancing a mortgage, that means you’ve already successfully applied for and received a home loan in the past and should have a good idea of what to expect. The refinancing process is similar to the process you’ve already gone through. Unfortunately, this includes closing costs. Refinancing mortgage closing costs When refinancing your home loan, the specific closing costs…

When talking about homeownership loans, one of the most underrated tools at a borrower’s disposal is the ability to refinance mortgage payments. There are a number of reasons why people refinance their mortgages – we’ve compiled a list of the top 5. Common reasons why homeowners refinance mortgage payments: Taking advantage of lower interest rates When interest rates are low,…

If you’re thinking of buying a home, you’ve probably been told you need to get mortgage pre-qualification or mortgage pre-approval. Though the terms are often used interchangeably, they refer to two separate things. Here’s a breakdown of some of the key similarities and differences Mortgage Pre-Qualification vs Pre-Approval – Key Similarities Mortgage pre-qualification and mortgage pre-approval are both optional steps…

In today’s hot real estate market, refinancing your mortgage is a great way to use the equity you have put into your home to lower your monthly payments, shorten the term, or even access cash. Here’s how to refinance a home in 5 steps: How to Refinance a Home Step 1 – Apply to Refinance After weighing your options and…

Buying a home is a huge investment. For most would-be homeowners, this is going to be the biggest single purchase you make in your life, and there are tons of things to consider. How many bedrooms do you need? Which neighborhoods do you like? How important is the commute time? All of these big decisions will be informed by the…

Purchasing a new home is a major life milestone and, in today’s hot real estate market, it’s no small feat. There are aspects of house hunting that are fun and rewarding, like browsing listings, attending open houses, and spending your weekends exploring different neighborhoods. Applying for a mortgage is not one of those things, but approval is an essential step…

Home loan refinancing is a great way for homeowners to take advantage of low interest rates or modify the term of their loan but it isn’t the only tool at your disposal. Take a look at home loan refinancing compared to some of the most popular alternatives below. Home loan refinancing vs taking out a second mortgage: While home loan…

Here’s our brief take on “What to Look for in Mortgage Lender offering Services in Denver“! You’re in the market for a mortgage and wonder which mortgage lender in Denver is the best to use. How do you decide? Fortunately, it’s an easy decision when you know what to look for. Here’s what to consider. What Loans do they Offer?…

Wondering what Colorado Loan Programs options do you have? If you’re in the market for a mortgage, you may wonder what loan programs are available to you. Every borrower has different qualifying factors and requirements. Whether you have 20% to put down on a home or nothing to put down, there are many loan programs available from mortgage lenders in…