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Mortgage & Refinancing Information |
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Online Mortgage Brokers - What You Might Not Know About Home Loans & The Internet
You may think that applying online for a mortgage is the same as applying with a broker in the 'real world', only more convenient. While applying for a mortgage online is much more convenient, and sure to help you get a lower rate because of the amount of competition online, there is another benefit to using the internet when applying for a loan. Sometimes when you meet a broker and he/she takes a look at your financial qualifications, they might say, we can get you this rate. And that's it. That is your loan option with that broker. Most brokers have the mentality of wanting to process as many mortgage loans as quickly as possible, which is understandable. Well, one thing that you might want to know to help yourself out is that there are literally hundreds of different mortgage programs available. Most brokers and lenders will not explain to you the mortgage options you do have. They usually have a few favorite programs and will just use those over and over since they know them. A great way to help yourself is to research loan programs online. One benefit of the interne is that there are many informative articles and information to help you understand the pro's and cons of every kind of loan program, FHA loans, balloon mortgages, VA loans, graduated payment mortgages, Fannie Mae and Freddie Mac loans. Once I started doing my research online and reading through the mortgage company websites online, I was amazed to discover that there are mortgage loans online that I would have liked to had when I first bought my house, but I didn't even know they existed and they were never offered to me by my broker. I would have saved myself a lot of money had I done my research online first. To view our list of recommended mortgage lenders online, visit this page:Recommended Mortgage Lenders Online. Carrie Reeder is the owner of ABC Loan Guide, an informational website about various types of loans.
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Current Mortgage Rates, July 7, 2020 | Rates ease Bankrate.com Compare Today's Mortgage Refinance Rates: Jul 13 Credible News What is the average refinance closing costs? The fees add up Business Insider Wells Fargo tells new clients they need $1 million in balances for certain mortgage refinancings CNBC You might have a tough time getting a 'jumbo mortgage' during pandemic. Here's what to expect - CNBC Lenders More Likely To Deny Black Home Buyers A Mortgage: LendingTree Financial Advisor Magazine YOUR MONEY: When mortgage rates are low, should you refinance? Part 2: Additional considerations Inside NoVA Refi Rates Today, July 8, 2020 | Rates slide Bankrate.com 'Refinancing isn't free:' How to navigate refinancing a mortgage Community Impact Newspaper How Often Can You Refinance Your Mortgage? Credible News 4 tips for refinancing your mortgage during the pandemic, from homeowners who just did it Business Insider Refi Rates Today, June 22, 2020 | Rates rise Bankrate.com COVID-19 Mortgage Help for Vets: The VA IRRRL | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports Stressed homeowners find cash-out mortgage refinances harder to get Daily Journal Online Is Your Mortgage Forbearance Ending Soon? What To Do Next Realtor.com News Record mortgage applications as Americans rethink importance of home: Quicken Loans CEO Fox Business Mortgage refinance: Everything you need to know Fox Business THA Mortgage welcomes loan officer Thomas Blunk | Business News | richlandsource.com Richland Source Refinancing and income taxes | Finance | telegraphherald.com telegraphherald.com Getting a mortgage after bankruptcy: What to know Bankrate.com How to refinance your mortgage Fox Business Is now the best time to refinance your mortgage? Fox Business When should you refinance your mortgage? Fox Business How to get the best mortgage refinance rates Fox Business Stock Market Has Great Week – Market Update Zing! Blog by Quicken Loans Using Data to Identify Members Ready for a Mortgage Refinance Credit Union Times Mortgages: Forbearance Rates Drop While Applications Increase, But Lending Requirements Tightening RisMedia.com Mortgage refinance applications spike 79% as homeowners rush to take advantage of lower rates - CNBC Record number of borrowers can now save on a mortgage refinance as rates drop from coronavirus fears CNBC How does mortgage refinancing work? Bankrate.com Should you refinance federal student loans? Bankrate.com Rushing to Refinance Your Mortgage: 6 Tips and What to Avoid The New York Times I refinanced my mortgage during COVID-19, and thanks to low interest rates I'll save about $50000 Business Insider The basics of no-closing cost mortgage refinancing Fox Business The impact of the coronavirus on mortgage refinancings Brookings Institution Should you join the rush and refinance your mortgage now? Washington Post Maine Farmers Get Closing Cost Help From Credit Union Credit Union Times Right now would be a good time to refinance your mortgage Tampa Bay Times Best mortgage refinance lenders of 2020 Loop North News The 8 Best Mortgage Refinance Companies of July 2020 | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports The Mortgage Rates 'Sweet Spot' is Finally Here. Should You Refinance? | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports 2.5% mortgage rates are here. What's next — 2? Or even 1%? | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports 5 Questions to Ask Before You Refinance Your Mortgage HowStuffWorks Mortgage refinance applications fall to lowest level in over a month National Mortgage News |
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