Mortgage Appraisal Tips
Refinancing Question ?
We need to refinance our existing mortgage before this Nov. but the current appraisal value is way down than the value of the property. Any tips to address this issue ?
I think you mean the value of the property is way down. The appraisal would just support that value. What do you owe & what is the current value? That info is needed to even know what direction you need to go.
Mortgage Refinancing Tips
Broker tips: Compass, Paragon, Afren
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The above mentioned are the basic requirements in order to qualify for a home loan. Secondly, I was interested to know how big a home loan I could get considering Mortgage Appraisal Tips. As soon as I knew how much, I could start searching for a house.
Mortgage Appraisal Tips
Question about a mortgage vs. other options…?
Okay, I have two options to save me about the same money each month. (400). Trust me, I don’t want to do either……..but I have to. I could redo my first mortgage and go from 6.09-6.37 interest rate – fixed for thirty years – no points. Or I could redo my second to an interest only loan. First is a fixed 6.9 now and second is a fixed 7.14 – first is for 30 years and second is for 15 years. Even with no points, looking at 3500 fees and 400 appraisal. I don’t know what to do…….Any tips??
As I said, I want to be able to save the approximately 400 a month that I will be saving as far as what I have outgoing. The rate will not be lower, it is actually slightly higher from 609-637. I do plan to be in this home for the rest of my life – I am 35
Well try to combine both loans in one at a fixed rate i don’t know why you would need to keep both loans if your refi-ing your home shop for anther realtor or loan place