How You Refinance Matters » Mortgage Broker Pitfalls

Home Loan Refinance Secret Exposed

Robert Regehr — Thu, 03 Jun 2010 15:22:41 +0000

Want the lowest home loan refinance rates for your next mortgage? Here’s one dirty secret your lender hopes you won’t know about.

Home Loan Refinance Secret Exposed is a post from Robert Regehr's Mortgage Refinancing Blog.

Can You Trust Your Mortgage Broker?

Robert Regehr — Wed, 05 Aug 2009 00:33:47 +0000

Can you trust your mortgage broker to refinance your home loan or are they all con artists looking to line their pockets at your expense?

Can You Trust Your Mortgage Broker? is a post from Robert Regehr's Mortgage Refinancing Blog.

Top Mortgage Company When Refinancing Is…

Robert Regehr — Wed, 15 Apr 2009 19:38:35 +0000

Who's the top mortgage company to refinance your home mortgage loan? The answer might surprise you...

Top Mortgage Company When Refinancing Is… is a post from Robert Regehr's Mortgage Refinancing Blog.

Refinance My Home Loan

Robert Regehr — Tue, 02 Dec 2008 01:45:52 +0000

If you’re searching for information on the Internet to help you refinance your home loan, you’re probably concerned about paying too much for the new mortgage. Most homeowners understand how mortgage rates affect their monthly payment amount but not many know their mortgage rates are marked up to give a commission to the broker. Here [...]

Refinance My Home Loan is a post from Robert Regehr's Mortgage Refinancing Blog.

How to Refinance Your Home Loan Without Paying Too Much

Robert Regehr — Fri, 21 Nov 2008 03:05:49 +0000

Remember those old commercials “I’m not going to pay a lot for this muffler!” This is the attitude people should adopt with their mortgage companies when it comes to refinancing a home loan. Unfortunately saying it and actually doing this are two entirely different things…unless you learn how mortgage companies make their money. Here are [...]

How to Refinance Your Home Loan Without Paying Too Much is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Refinancing in Today’s Economy

Robert Regehr — Sun, 07 Sep 2008 18:39:02 +0000

Getting a lower mortgage rate is one of the main reasons people choose to refinance their home loans. If you are a homeowner with good credit you will not have any difficulty refinancing your home mortgage loan. On the other hand, if you have less than perfect credit you will have to put more effort [...]

Mortgage Refinancing in Today’s Economy is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Loan: Protect Yourself in a Down Economy

Mortgage Junk Fees Defined

Robert Regehr — Fri, 15 Aug 2008 20:56:04 +0000

Junk fees will not be a percentage of your loan amount but will show up as itemized charges ranging from $50 to $1,000 on your Good Faith Estimate and HUD-1 statement. These fees are mostly invented by your mortgage broker and vary from one shady broker to the next. Here are several tips to help [...]

Mortgage Junk Fees Defined is a post from Robert Regehr's Mortgage Refinancing Blog.

How to Get the Lowest Mortgage Rates

Robert Regehr — Sun, 23 Mar 2008 19:38:10 +0000

Most people think that to find the lowest mortgage rates you have to find the best mortgage lender and this just simply isn’t the case. The person arranging your loan has more to do with your mortgage rate than you think…choose the wrong person for the job and you’ll overpay thousands of dollars every year [...]

How to Get the Lowest Mortgage Rates is a post from Robert Regehr's Mortgage Refinancing Blog.

How to Shop for a Mortgage Broker When Refinancing

Robert Regehr — Thu, 21 Feb 2008 22:04:44 +0000

Most homeowners know very little about how mortgage brokers are compensated for their work. They assume that the origination fee listed on their Good Faith Estimate is the broker’s commission for the home loan; however, what you don’t know about mortgage broker fees could cost you a lot of money. Here are several tips and [...]

How to Shop for a Mortgage Broker When Refinancing is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Broker Refinancing – Finding The Right Person For The Job

Robert Regehr — Thu, 18 Oct 2007 23:59:50 +0000

If you are considering using a mortgage broker to refinance your home mortgage loan, there are several things you need to know before choosing a broker. Mortgage brokers are very similar to used car salesmen as the more you pay the higher their commission will be. Mortgage lenders actually pay an incentive to brokers for [...]

Mortgage Broker Refinancing – Finding The Right Person For The Job is a post from Robert Regehr's Mortgage Refinancing Blog.

Loan Processing Fees

Robert Regehr — Fri, 28 Sep 2007 17:46:15 +0000

If you are in the process of taking out a new mortgage to purchase your home or refinance your existing mortgage, the fees you pay can make the difference between getting a great mortgage loan and paying too much. The fees on your Good Faith Estimate are often cryptic and many brokers leave the most [...]

Loan Processing Fees is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Loan Processing Fees: Junk or Not?

Robert Regehr — Thu, 13 Sep 2007 18:22:25 +0000

Mortgage loan processing is a confusing aspect of refinancing for many homeowners. Many mortgage brokers charge a fee as high as $500 or more; however, isn’t this just a junk fee? Many mortgages brokers justify their fee by saying they use a “professional loan processor” to process their files. First of all, what the heck [...]

Mortgage Loan Processing Fees: Junk or Not? is a post from Robert Regehr's Mortgage Refinancing Blog.

How to Refinance Your Home With The Right Mortgage Broker

Robert Regehr — Fri, 17 Aug 2007 18:18:28 +0000

Finding the right person to originate your mortgage can mean the difference between refinancing with a perfect loan and making an expensive mistake. Mortgage brokers work on commission just like a used car salesman; many rely on many of the same sales tactics. Here are several tips to help you find the right mortgage broker [...]

How to Refinance Your Home With The Right Mortgage Broker is a post from Robert Regehr's Mortgage Refinancing Blog.

Texas Refinance Mortgage

Robert Regehr — Fri, 06 Jul 2007 18:46:46 +0000

If you are a homeowner in the State of Texas considering a new mortgage loan, there are several things you need to know to avoid paying too much. Here are several tips to find the perfect lender for your Texas refinance mortgage. The first thing you need to know about your Texas refinance mortgage is [...]

Texas Refinance Mortgage is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Broker Tricks

Robert Regehr — Thu, 21 Jun 2007 20:54:39 +0000

Refinancing your home loan with a mortgage broker can help you find loan offers you wouldn’t find comparison shopping on your own. One big problem with mortgage brokers is that they are paid by commission and the loan that nets them biggest commission is probably the wrong loan for your situation. Another problem with mortgage [...]

Mortgage Broker Tricks is a post from Robert Regehr's Mortgage Refinancing Blog.

Reasonable Mortgage Broker Fee

Robert Regehr — Tue, 19 Jun 2007 19:29:37 +0000

Refinancing your home loan with a mortgage broker can save you a lot of money if you can find the right broker. Mortgage brokers are often just like used car salesman; their commission is based on how much you overpay when refinancing. Here are several tips to help you negotiate with potential mortgage brokers to [...]

Reasonable Mortgage Broker Fee is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Refinancing Yield Spread Premium

Robert Regehr — Fri, 15 Jun 2007 23:54:56 +0000

If you’re a homeowner considering a new mortgage, learning about Yield Spread Premium is well worth your time. If you unknowingly accept a loan that includes Yield Spread Premium you could overpay thousands of dollars every year you keep the loan. What is Yield Spread Premium? Simply put, it is interest rate markup by the [...]

Mortgage Refinancing Yield Spread Premium is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Brokers Can Save You Money If You Watch Them Like a Hawk

Robert Regehr — Tue, 01 May 2007 00:04:57 +0000

Mortgage brokers are salespeople just like any other kind; they are paid by commission and it’s in their best interest to sell you something that gives them the largest commission. When it comes to your mortgage, the loan that offers the highest commission is probably not the best loan for your situation. Finding the best [...]

Mortgage Brokers Can Save You Money If You Watch Them Like a Hawk is a post from Robert Regehr's Mortgage Refinancing Blog.

Wholesale Mortgage Rates

Robert Regehr — Fri, 27 Apr 2007 00:20:11 +0000

If you are considering refinancing your California mortgage loan and would rather deal with a wholesale mortgage lender instead of your bank, you will need to enlist the help of a mortgage broker. Before choosing a mortgage broker you should negotiate with potential brokers and find one that agrees not to charge you Yield Spread [...]

Wholesale Mortgage Rates is a post from Robert Regehr's Mortgage Refinancing Blog.

Refinance Home Mortgage Loan

Robert Regehr — Wed, 25 Apr 2007 23:38:25 +0000

Mortgage loans can be very confusing and there is an abundance of bad advice available on the Internet. Much of the mortgage information you find online is sales motivated and if you’re not careful you could wind up paying thousands of dollars unnecessarily. This is why doing your homework and carefully researching mortgage offers is [...]

Refinance Home Mortgage Loan is a post from Robert Regehr's Mortgage Refinancing Blog.

California Mortgage Refinance: Shopping for the Best Loan

Robert Regehr — Thu, 12 Apr 2007 22:23:58 +0000

If you are considering a new mortgage to refinance you California home, comparison shopping can save you a lot of money if you do it correctly. Before evaluating loan offers you need to have a discussion with potential mortgage companies and brokers regarding Yield Spread Premium. The high cost of California real estate severely magnifies [...]

California Mortgage Refinance: Shopping for the Best Loan is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Brokers-Why to Avoid

Robert Regehr — Thu, 05 Apr 2007 01:03:24 +0000

If you are considering refinancing your home loan with a mortgage broker, you might want to reconsider. Mortgage brokers can be an excellent resource when refinancing; however, if you’re not careful you could find yourself overpaying thousands of dollars. Here are several reasons that you might reconsider refinancing your home loan with a mortgage broker. [...]

Mortgage Brokers-Why to Avoid is a post from Robert Regehr's Mortgage Refinancing Blog.

Need a Colorado Mortgage Broker? Check Out The Mortgage Insider

Robert Regehr — Wed, 28 Mar 2007 16:07:27 +0000

If you’re considering refinancing your mortgage in the State of Colorado, finding the right person to originate your mortgage loan can save you thousands of dollars and many future headaches. Robert Blake is a licensed mortgage broker in the State of Colorado and is fairly outspoken against Yield Spread Premium and bank mortgage loans on [...]

Need a Colorado Mortgage Broker? Check Out The Mortgage Insider is a post from Robert Regehr's Mortgage Refinancing Blog.

How to Negotiate With Your Mortgage Broker

Robert Regehr — Wed, 28 Mar 2007 00:46:04 +0000

Mortgage Brokers can be an excellent resource for mortgage refinancing if you find the right broker to work with. Before entering into an agreement with a broker there are several important questions you need to have answered. The first thing you need to make clear to any potential mortgage broker is that you fully understand [...]

How to Negotiate With Your Mortgage Broker is a post from Robert Regehr's Mortgage Refinancing Blog.

No Fee Mortgage Loans Done Correctly

Robert Regehr — Wed, 21 Mar 2007 22:31:06 +0000

Several national banks have recently been bragging about their “no fee” mortgage loans. The problem with these “no fee” mortgage loans is simple: banks are exempt from the Real Estate Settlement Procedures Act. In 1999 the Banking Lobby had our nation’s disclosure laws changed to exclude themselves from legislation that requires mortgage lenders to disclose [...]

No Fee Mortgage Loans Done Correctly is a post from Robert Regehr's Mortgage Refinancing Blog.

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California Mortgage Broker

Robert Regehr — Wed, 14 Mar 2007 00:35:24 +0000

Mortgage brokers can be an excellent resource for refinancing your California mortgage loan; however, you have to watch your broker like a hawk to avoid overpaying for your new mortgage. In addition to giving you a mortgage rate that includes Yield Spread Premium, brokers often place homeowners in loans that serve their need for a [...]

California Mortgage Broker is a post from Robert Regehr's Mortgage Refinancing Blog.

Should You Refinance With a Mortgage Broker?

Robert Regehr — Wed, 28 Feb 2007 19:41:09 +0000

Mortgage brokers can be useful resources for refinancing your mortgage if you fully understand what you’re getting into in advance. Brokers are compensated by the origination fees you pay for your loan and often by marking up your mortgage interest rate for a kickback by the wholesale lender. This markup of your mortgage rate is [...]

Should You Refinance With a Mortgage Broker? is a post from Robert Regehr's Mortgage Refinancing Blog.

How to Find the Best Mortgage Lender

Robert Regehr — Tue, 13 Feb 2007 18:16:18 +0000

Take a look at your newspaper, turn on the television, or look on the Internet and every mortgage lender you find claims to be the best. How do you filter out the hype, empty guarantees, and bloated closing costs to choose the best lender for your home loan? The best lender for you will be [...]

How to Find the Best Mortgage Lender is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Broker Good Faith Estimate

Robert Regehr — Thu, 11 Jan 2007 01:47:16 +0000

If you are considering applying for your home loan with a broker, Mortgage Broker Good Faith Estimates are an excellent way to comparison shop for the best loan. Brokers are required to provide you the Mortgage Broker Good Faith Estimate within three days of receiving your application; however, most brokers will provide a copy if [...]

Mortgage Broker Good Faith Estimate is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Broker Bank: Beware E-Loan When Mortgage Refinancing

Robert Regehr — Tue, 09 Jan 2007 23:17:03 +0000

It is important to know who you’re dealing with when refinancing your mortgage loan. Broker-banks are a type of lender that deliberately misleads their borrowers. What is a mortgage Broker-Bank? Banks often operate as mortgage brokers in an attempt to boost their profits; Banks are exempt from disclosure laws in the United States that protect [...]

Mortgage Broker Bank: Beware E-Loan When Mortgage Refinancing is a post from Robert Regehr's Mortgage Refinancing Blog.

How to Negotiate With Mortgage Brokers

Robert Regehr — Fri, 05 Jan 2007 00:51:12 +0000

If you are considering refinancing with a mortgage broker, negotiating with your broker is an important part of choosing the right loan for your situation. Here are several tips to help you negotiate with mortgage brokers and avoid overpaying for your next mortgage. Before choosing a mortgage broker you need to make sure that person [...]

How to Negotiate With Mortgage Brokers is a post from Robert Regehr's Mortgage Refinancing Blog.