This guide covers mortgage refinance guidelines. We will also cover homeowners’ top reasons and benefits for refinancing their mortgage loans. There are other reasons why homeowners need refinancing on their current mortgage loan besides just refinancing. Per mortgage refinance guidelines, homeowners may refinance to have a lower interest rate and save money. Although the main…
This guide covers what are the top reasons to refinance mortgage. Mortgage rates are at three-year highs and keep rising. However, many homeowners have reasons to refinance mortgage. Home prices are appreciating like never before, with no signs of any slowdown. Today’s economic instability has alarmed every Americans. Surging inflation, historic high interest rates, and…
In this blog, we will cover FHA guidelines on streamline refinance mortgage loans. FHA streamline refinance is a fast-track loan program. Most streamline refinance loans can get closed in less than three weeks. Tens of thousands of homeowners still have an FHA loan with mortgage rates higher than 7.5%. Mortgage rates are dropping. FHA annual…
This guide on HARP for underwater mortgages is an older blog from when the Home Affordable Refinance Program was popular. HARP for underwater mortgages no longer exists. This guide on HARP for underwater mortgages was updated and edited for archival services for viewers who want to research HARP for underwater mortgages. In the following sections,…