Mortgage Help

Debt to Income Ratio and Refinancing Your Mortgage

Debt-to-Income ratio is simply the ratio of your monthly income to the amount of your debts. This ratio is commonly referred to as DTI. Suppose for instance your gross income is $5,000 per month and your debts are $2,000 per month. In this example your debt to income ratio is 40%. If you are trying […]

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FHA Mortgage Refinancing

Are you thinking about mortgage refinancing with an FHA loan? You’ve probably heard that mortgage rates are at a five year low and that the FHA refinance loans have been updated and are once again very popular. Fortunately for you, FHA loans now present an excellent opportunity for you to refinance and save some money […]

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Refinance to Avoid Foreclosure

A time for many people to start thinking about mortgage refinancing is when they are headed for foreclosure. Many people get into trouble because they are not able to keep up with their payments; the payment is either larger than they anticipated or their finances have taken a turn for the worse and they can […]

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Refinance Mortgage Rates

If you are in the process of refinancing your home mortgage loan, getting a good deal from a reputable lender is probably at the top of your to-do list. The mortgage industry has suffered a major setback in the United States recently with lenders tightening their standards and cutting corners on loan offerings. In the […]

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