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Refinance a Mortgage: Pitfalls

Fair Lending Is Required by Law. The Equal Credit Opportunity Act prohibits lenders from discriminating against you.

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Shop Around for the Best Mortgage

Shopping around for a home loan will help you to get the best financing deal. Any mortgage, whether its a home purchase, a refinancing, or a home equity loan, is a product, just like a car, so the price and terms may be negotiable. You’ll want to compare all the costs involved in obtaining a mortgage. Shopping, comparing, and negotiating may save you thousands of dollars.

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Refinance a Mortgage with Poor Credit?

Gone are the days when if you had a credit score less than 600 you could not even dream of getting a mortgage…today times have changed and for the better.

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