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How Much Can You Borrow When Mortgage Refinancing?

If you’re thinking about taking advantage of today’s best refinance rates on your mortgage refi you might wonder how much you can borrow on your new home loan. There are factors including your gross income and debt-to-income ratio along with your credit score that also impact the amount you can borrow when mortgage refinancing. Here’s […]

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How To Quickly Determine Your Mortgage Borrowing Capacity

If you are in the market for a new purchase mortgage or are refinancing your existing mortgage loan, a mortgage calculator is a useful tool for determining your borrowing ability. Using a mortgage calculator is not difficult and can quickly tell your monthly payment amount including taxes and insurance if applicable. Suppose for example that […]

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