Five tips to accelerate the closing of your mortgage refinance
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Tag: mortgage refinance
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Gifting a Downpayment: What You Need to Know
With rapidly increasing home prices greatly outpacing growth in salaries and incomes, it is becoming very difficult for first-time buyers to save for a downpayment so they can get into the housing market. As a result, it is now becoming more common for parents to assist their children gifting money towards a downpayment for a… Continue reading Gifting a Downpayment: What You Need to Know
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Insurance: Everything You Need To Know When Closing
Whether you’re closing on a home or refinancing your mortgage, you are going to need to look into various insurance products. Some of these are going to be mandatory, others are optional, and some are just common sense to have or look into. Here are the various types of insurance products you will encounter when… Continue reading Insurance: Everything You Need To Know When Closing
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Mortgage Refinancing – What is it and What’s The Process?
Mortgage refinancing is the process of paying off an existing loan and replacing it with a new loan with different terms than your original mortgage. There are many reasons why home owners choose to refinance a mortgage. The most popular reasons being converting from a variable rate mortgage to a fixed rate one (or vice-versa… Continue reading Mortgage Refinancing – What is it and What’s The Process?
