Surprising Facts About Independent Mortgage Brokers

True or False: Independent Mortgage Brokers Can Offer Realtors and Brokers Better Service than Big Lenders. TRUE: According to Housingwire.com, Independent mortgage brokers are cheaper, faster and offer better customer service.  Below are some of the misconceptions and the explanation of why they may be totally wrong today. True or False: Independent Mortgage Brokers Have…

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Refinance to Show Your Home Some Love

As Home Prices continue rising, homeowners may decide to love their existing homes.  If you have set aside the funds for this, great! If not, a home refinance might be a great option.  When the home renovation you want to do will improve the value of your home, such as kitchen, bathroom and en suite…

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Your Mortgage Loan Borrower Rights

Part 1 www.HomeRefiNetwork.com wants you to know mortgage loan borrowers have important rights.  I am constantly amazed by how many people take out a mortgage without understanding the process, the legal contract they are signing, their liabilities and their protections.  Today’s post is meant to shed light on some of this, starting with what the…

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Best Mortgage Loan for You May not have the Lowest Rate

Lots of sites are already listing the best mortgage loans of 2020, but the best mortgage loan program for you isn’t cut and dried.  Other factors affect what is more beneficial to each borrower. Credit Score.  You credit score is not static.  It changes depending on purpose of the credit pull and on your recent…

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When Reverse Mortgage is Right for You

Just what is a reverse mortgage? Why would anyone want one? On both a regular mortgage and a reverse mortgage, a mortgage loan is offered based on the available equity in your home.   The amount you are borrowing, as a percent of the home’s value is called Loan to value, and the allowable loan to…

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How to Get the Refinance by End of 2019

HomeRefiNetwork.com The rates are low, but holidays are around the corner.  Is now really a good time to refinance your home?  If you can save at least one percent on your interest rate and the closing costs are reasonable, yes.  That said, how you proceed is important. IF you haven’t checked your credit in the…

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What to Know Before You Refinance

The federal reserve rate drop has enticed more homeowners to refinance their existing mortgages.  Mortgage News Daily reports the refinance index increased 144 percent over the save week one year ago.  Mortgage applications are up 1.5 percent from the previous week, mostly from refinance applications. Bottom line, if borrowers haven’t been able to find their…

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Ditech Reverse Mortgage Solutions Sale Approved

ReverseEasy.com  We can help you find the right lender for your reverse mortgage needs.  ReverseEasy.com wants to share some reverse mortgage news.  We want to help you find the right reverse mortgage lender for you.  Sometimes that means sending you to another lender.  Today we learned that reverse mortgage lender Ditech Holding’s bankruptcy court judge…

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Mortgage Rates are Creeping Higher

Home sales are reportedly strong; political headlines indicate an uncertain future.  The result?  Interest rates are rising. The shift in the bond market was swift.  That kind of change is  usually based on weak economic data or politics clearly implicating economic negativity.  Turnarounds based on less concrete indicators may mean traders are willing to drive…

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