You hear interest rates dropped and you wonder if you should take advantage of the low mortgage refinance rates in Colorado? It feels like everyone is, so you should jump on board too, right? Possibly and if you are ready, we are happy to help you. But before you do, here are some things to consider if refinancing is right…
Refinance mortgage rates in Colorado change often – sometimes even multiple times a day. You see an advertised rate on a lender’s website and assume you can get that rate, but when you see your paperwork, the rate is different. What happened and how do you get the advertised rate? What Lenders Look for from Applicants Lenders look at a…
You see the advertisements for low current refinance rates in Colorado and you wonder how you too can get them. While not everyone will get the lowest rates lenders to advertise. With the right qualifying factors, you put yourself in the best position for the lowest rates. Here’s how. Fix your Credit Start by looking at your credit. Most people…
The best refinance rates in Colorado aren’t as hard to find as most people think. Securing a mortgage with the best rates comes down to perfecting your qualifying factors and shopping around for the right rate. Use these steps to get the best rate to refinance your mortgage. Evaluate your Qualifying Factors Before you apply for a mortgage, assess your…
If you’re in the market to refinance, you may wonder if you choose a fixed or adjustable rate. Adjustable rates are often lower than fixed rates, but which of the Denver refinance rates makes more sense for your situation? There isn’t a one-size-fits-all answer for this. It depends on your situation. Here’s what you should consider. How Long Will you…
In today’s red hot real estate market, refinancing a mortgage is a popular way for homeowners to take advantage of lower interest rates and tap into the growing equity in their home. Essentially, you take out a new loan to pay off and replace your existing loan. An increasingly popular option is refinancing your mortgage with cash out. Here’s how…
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,…
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…