How You Refinance Matters » option adjustable rate mortgage

Four Tips to Lower Your Mortgage Payment When Refinancing

Robert Regehr — Thu, 07 Feb 2008 21:53:11 +0000

If you’re considering refinancing your mortgage there are a number of reasons for taking out a new home loan. Some people choose to refinance because of a financial hardship, others want to borrow cash against the equity in their homes; however, the most common reason is to get a lower monthly payment. Here are several [...]

Four Tips to Lower Your Mortgage Payment When Refinancing 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.

Interest Only Refinance

Robert Regehr — Mon, 01 Oct 2007 23:44:23 +0000

If you are considering refinancing your mortgage with an interest only mortgage there are several things you need to know to minimize your risk and avoid paying too much. When used correctly interest only mortgages can give you a lower monthly payment; however, with any Adjustable Rate Mortgage there is always the risk of payment [...]

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

How to Avoid Adjustable Rate Mortgage Payment Shock

Robert Regehr — Sat, 22 Sep 2007 00:01:39 +0000

If you’re concerned about your mortgage payment amount when the lender resets your Adjustable Rate Mortgage, there are several ways to protect yourself from payment shock. What is payment shock? Imagine waking up one day to a statement from your mortgage lender showing that your payment amount has gone up $650 and you can no [...]

How to Avoid Adjustable Rate Mortgage Payment Shock is a post from Robert Regehr's Mortgage Refinancing Blog.

Refinancing With an Option Adjustable Rate Mortgage Loan

Robert Regehr — Wed, 13 Jun 2007 19:14:49 +0000

Option ARMS are mortgage loans with the flexibility of choosing how your payments are structured. This “twist” combines the lower introductory interest rate with the ability to pick your payment amount. These loans feature a minimum payment amount that could be as low as one percent, an interest only payment, a payment based on thirty [...]

Refinancing With an Option Adjustable Rate Mortgage Loan is a post from Robert Regehr's Mortgage Refinancing Blog.