Should I Refinance?

[real3dflipbook id=”36″] Refinancing happens when you pay off your current mortgage with money from a new mortgage. Usually homeowners refinance to try to lower their monthly mortgage payment. For example, you might be able to get a new mortgage with a lower interest rate when interest rates fall. Refinancing may remind you of what you […]

Shopping for a Mortgage

[real3dflipbook id=”35″] Shopping around for a mortgage takes time and energy. But it can save you thousands of dollars. Make it your goal to compare at least three loan offers from different lenders. Get at least three preapprovals The Internet and newspapers are a good place to start your search. Contact banks, credit unions, mortgage […]

Guide to Closing Forms

[real3dflipbook id=”34″] Promissory Note The Note is the legal document you sign to agree to repay your mortgage. The Note will provide you with details regarding your loan, including the amount you owe, the interest rate of the mortgage loan, the dates when the payments are to be made, the length of time for repayment, […]