If you own investment property, you may be facing a major decision: Should you sell it or refinance? There are several factors to consider before…
Joe ButchJune 14, 2021
Refinancing can offer many benefits including saving you a lot of interest expense over the life of the loan. From lower monthly payments to long-term…
Joe ButchJune 9, 2021
The most common misconception is your payoff is the balance shown on your previous mortgage statement. The payoff is actually your Unpaid Principle Balance plus…
1BrandJanuary 11, 2013
A break-even analysis is the calculation that determines how long it takes to recoup the costs of refinancing through your payment savings. This calculation is…
1BrandJanuary 10, 2013
All rates are not created equal. Behind each interest rate is loan fees. This is where the rubber meets the road. A 3.5% interest rate…
1BrandJanuary 8, 2013
Without getting too technical here, both are extremely important. Interest Rate is the rate with which you repay the mortgage and APR, or Annual Percentage…
1BrandJanuary 8, 2013
Discount fees, or otherwise known as rate buydown fees, are costs that are typically customer directed to lower their interest rate. The Consumer Financial Protection…
1BrandJanuary 7, 2013
There are two adages that we have all become accustomed to – If it sounds too good to be true, it probably is and You get what…
1BrandJanuary 7, 2013
