Should I do a cash-out refinance?

Should I do a cash-out refinance?

There are all sorts of “recommendations” on doing a cash-out refinance that homeowners will receive along their journey. Most of these will focus exclusively on various ways that homeowners may use their home as a piggy-bank to consolidate debt, do home improvements,...
Should I refinance to lower my rate?

Should I refinance to lower my rate?

There are all sorts of “recommendations” on lowering their interest rate that homeowners will receive along their journey. Most of these will focus exclusively on how a lower rate must be better because it’s, well, lower. Others will promote shorter terms or suggest...
Should I refinance to lower my payment?

Should I refinance to lower my payment?

There are all sorts of “recommendations” on lowering their monthly payment that homeowners will receive along their journey. Most of these will focus exclusively on how a lower payment must be better because it’s, well, lower. Others will promote how much you will...
What Documents Will I Need?

What Documents Will I Need?

The list of documents needed for a refinance will vary based on your individual circumstances. Here’s the core list of documents that everyone will need to provide along with some of the possible additional items. Always Needed: W-2s or 1099s for the most recent...
What About Closing Costs and Escrow Accounts?

What About Closing Costs and Escrow Accounts?

One of the important things to consider when refinancing is how you want to fund the closing costs and new escrow account. There are several ways to handle these items and a couple of big ideas that can make a difference in the decisions you make. First, let’s explore...

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