For many homeowners, refinancing a mortgage can save them significant money, considerably reducing their monthly payments. It can also give them breathing space to pay off debts or allow them to make other investments, pay for college, or finance home improvements. An Insideras Guide to Refinancing Your Mortgage is dedicated to an often-misunderstood aspect of mortgage lending: refinancing a mortgage loan. Readers will learn why to refinance, when to finance, as well as how to find the best lender, loan officer, and rate. Mortgage expert David Reed takes readers step bystep through the refinance process and shows them how to evaluate their current loan program and compare it with other options. By following Reedas invaluable advice, homeowners will learn: when a refinance is right for them ac how to lock in the absolute lowest rate at the lowest cost ac how the mortgage process works from the inside ac how loan officers get paid ac how to identify and avoid predatory lenders ac how to negotiate closing costs An Insideras Guide to Refinancing Your Mortgage will save readers money and heartache when negotiating a loan.... Funds Rate (Fed Funds), 108 Federal Home Loan Mortgage Corporation ( Freddie Mac), 50, 62a63, 186 Federal Housing Administration (FHA), 186 ... 95, 139a140 of nonlenders, 140 origination, 148a149, 152, 153 recurring and nonrecurring, 151a152 required, 146a148 for surveys, 149a150 ... credit reports, 104, 183 credit repository, 183 credit score, 183a184 credit standards, 2a3 credit unions, 64, anbsp;...
|Title||:||An Insider's Guide to Refinancing Your Mortgage|
|Publisher||:||AMACOM Div American Mgmt Assn - 2008-09-15|