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Tag Archives: refinance

Five Things you need to Know about the new Fannie Refi- Plus Mortgage

Mortgage Monday The Fed, in hopes of relieving many homeowners from the pains of foreclosure and many banks from the waste of foreclosing, has created an even more aggressive refinance
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Can you refinance a home you just purchased for all cash?

This loan type is called a “cash out refinance”, even though you are not paying off a mortgage. If you take a new mortgage out on a home you already own, regardless of whether a lien exists,
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A Second Mortgage Can Hurt Your Chances to Refinance

A second mortgage or HELOC can hurt your chances to refinance your first mortgage. During the refi and purchase frenzy of years gone by, everybody was doing it. Getting a second mortgage
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