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Test Your Mortgage Refinancing IQ

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According to Zillow Blog most homeowners today don’t have a good grasp of mortgage basics. If you’re looking for the best mortgage refi for your next home loan you can save yourself a lot of frustration and some money by covering the basics first.

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According to Zillow:

The spring home buying season is here and it’s undoubtedly a buyer’s market in most areas, yet many prospective home buyers appear ill-prepared to take out a mortgage. In fact, nearly half of prospective buyers don’t understand mortgage basics, leaving them vulnerable to costly mistakes.

http://www.zillow.com/blog/2011-05-03/many-prospective-home-buyers-dont-understand-mortgage-basics/

Visit Zillow’s blog to test your mortgage refi IQ with their short Mortgage IQ quiz.

Refinancing your home loan isn’t rocket science and you don’t have to be a personal finance guru to get a good deal.  Invest an hour of your time and you can literally trim thousands of dollars from your home loan every year. Recent changes to the laws protecting homeowners from lender abuse don’t apply to every situation so it’s important to choose the right kind the right mortgage refinance companies to arrange your home loan.  It does make a difference if you choose your bank or arrange your mortgage refi with a broker.

You can refinance your home with wholesale mortgage rates paying only a flat mortgage origination fee of one percent without lender junk fees or markup. Check out my free Underground Mortgage Refinancing Videos, it’ll just take one hour of your time, and you’ll see how easy it is to cut thousands of dollars worth of fat from your next home loan.

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