How You Refinance Matters » Mortgage Refinancing Terminology

Mortgage Rates Information

Robert Regehr — Wed, 29 Apr 2009 18:29:50 +0000

Getting the right mortgage rate information can save you from a costly mistake… Here is what you need to know today.

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

Mortgage Loan Origination Fees

Robert Regehr — Thu, 02 Apr 2009 17:43:15 +0000

Mortgage loan origination fees could cost you thousands of dollars unnecessarily; here’s how you can avoid a costly mistake with your home loan.

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

Mortgage Refinance Information

Robert Regehr — Tue, 06 Jan 2009 21:59:56 +0000

If you’ve been considering a mortgage refinance for your existing home loan, now is an excellent time to take advantage of historically low interest rates. As a homeowner in today’s pinched economy you might be concerned about overpaying for the new mortgage. While mortgage refinancing is not for everyone it makes sense if you are [...]

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

Refinancing Banks

Robert Regehr — Sat, 03 Jan 2009 20:30:12 +0000

You might be considering refinancing your home mortgage loan with your bank or credit union to take advantage of today’s low interest rates. After all, what could be more convenient than simply transferring your mortgage payment out of your checking account? Are bank originated mortgage loans really the best deal for your home mortgage? Here [...]

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

Par Mortgage Rates Definition

Robert Regehr — Thu, 01 Jan 2009 21:11:01 +0000

If you are considering refinancing your existing home mortgage loan a par mortgage rate could save you thousands of dollars every year that you have the mortgage. The problem is that all of the mortgage rate quotes you see online and from your local mortgage companies include some markup to create a commission for the [...]

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

Why You Should Never Refinance Your Mortgage With a Bank

Robert Regehr — Wed, 26 Dec 2007 23:14:19 +0000

If you’re considering refinancing your mortgage for any reason and are thinking of taking out the new loan from your bank, there are several very good reasons why you should not do this. While it’s true that mortgage brokers have a reputation for overcharging their customers, banks are actually worse due to loopholes the laws [...]

Why You Should Never Refinance Your Mortgage With a Bank is a post from Robert Regehr's Mortgage Refinancing Blog.

Should You Refinance Your Option Adjustable Rate Mortgage?

Robert Regehr — Tue, 11 Dec 2007 22:15:33 +0000

If you purchased your home with an option adjustable rate mortgage because you needed the lowest payment possible you should be very concerned about all the trouble brewing in the mortgage industry. When your option ARM begins resetting coupled with the declining values of homes across the country it could become extremely difficult for you [...]

Should You Refinance Your Option Adjustable Rate Mortgage? is a post from Robert Regehr's Mortgage Refinancing Blog.

Yield Spread Premium for Dummies

Robert Regehr — Sun, 25 Nov 2007 22:46:34 +0000

Many homeowners have never heard of Yield Spread Premium and do not understand why their mortgage rate is marked up. Yield Spread Premium sounds complicated; however, once you understand why it’s there, you can avoid paying this unnecessary markup. Cutting the fat from your mortgage rate by as little as a quarter point can lower [...]

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

Mortgage Secrets

Robert Regehr — Fri, 05 Oct 2007 23:14:39 +0000

If you’re in the market for a new mortgage loan there are several things you need to know in order to avoid paying too much. Many of these so called “secrets” are things your mortgage lender and broker don’t want you to now and certainly don’t want to talk about. Here are several of the [...]

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

Is Fixed Rate Mortgage Refinancing Right For You?

Robert Regehr — Thu, 16 Aug 2007 22:32:22 +0000

If you’re in the process of refinancing your home mortgage, you might be wondering what type of interest rate is right for you. There are two basic types of mortgage rates to choose from when refinancing your home. In a previous article I discussed the pros and cons of Adjustable Rate Mortgages; today we’ll discuss [...]

Is Fixed Rate Mortgage Refinancing Right For You? is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Refinancing for the First Time Homebuyer Part II

Robert Regehr — Wed, 01 Aug 2007 22:37:19 +0000

Continuing with my series on mortgage refinancing for the first time homebuyer I’ll pick up where I left off with mortgage terminology you need to know. If you missed part one you can catch up with Mortgage Refinancing for the First Time Homebuyer. Advanced Mortgage Terminology There are several terms related to key concepts you [...]

Mortgage Refinancing for the First Time Homebuyer Part II is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Refinancing for the First Time Homebuyer Part I

Robert Regehr — Tue, 31 Jul 2007 17:45:34 +0000

If you are a first time homebuyer considering a new mortgage loan the process of refinancing can be an intimidating proposition. No one wants to be taken advantage of by a greedy mortgage broker or pay more than they have to for the loan. Doing your homework before refinancing will help you avoid expensive refinancing [...]

Mortgage Refinancing for the First Time Homebuyer Part I is a post from Robert Regehr's Mortgage Refinancing Blog.

Pros and Cons of Adjustable Rate Mortgage Refinancing

Robert Regehr — Mon, 30 Jul 2007 17:25:07 +0000

For many homeowners Adjustable Rate Mortgages have a bad name and are overlooked completely when refinancing. While it’s true that Adjustable Rate Mortgages are riskier than their Fixed Rate counterparts, when used properly they can save you thousands of dollars. Here are several tips about the pros and cons of Adjustable Rate Mortgages to help [...]

Pros and Cons of Adjustable Rate Mortgage Refinancing is a post from Robert Regehr's Mortgage Refinancing Blog.

How to Compare Closing Costs When Refinancing Your Mortgage

Robert Regehr — Tue, 17 Jul 2007 19:44:37 +0000

Mortgage refinance closing costs can be one of the most frustrating and confusing aspects of refinancing your mortgage. Settlement charges are rarely explained and vary widely from lender to lender. How do you know that the settlement charges listed on your Good Faith Estimate are accurate and fair? Are any of the third party charges [...]

How to Compare Closing Costs When Refinancing Your Mortgage is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Refinancing Terminology You Need to Know

Robert Regehr — Mon, 04 Jun 2007 17:50:03 +0000

If you are in the process of refinancing your home loan, doing your homework can save you thousands of dollars. Learning mortgage industry lingo is an important part of doing your homework. If your loan representative perceives that you know what you’re doing (even if you don’t) they will be less like to try and [...]

Mortgage Refinancing Terminology You Need to Know is a post from Robert Regehr's Mortgage Refinancing Blog.

Mortgage Refinancing Terminology You Need to Know

Robert Regehr — Thu, 29 Mar 2007 18:02:36 +0000

I. Loan to Value Ratio (LTV) Your loan to value ratio is determined by dividing the amount of the mortgage you are requesting by the appraised value of your home. Suppose you are borrowing 100,000 to refinance your home appraised at $175,000; your loan to value ratio (LTV) in this case ($100,000 / $175,000 x [...]

Mortgage Refinancing Terminology You Need to Know is a post from Robert Regehr's Mortgage Refinancing Blog.