Refinancing can be frustrating when, after all is said and done, you find you’ve been ripped off! Here is an easy guide to help you save your money and have peace of mind.
It’s so easy today to lose money unnecessarily when you refinance. Hidden fees and penalties, terms you did not completely understand or a hard core loan officer who avoids issues you may have can create headaches you don’t
need! Let us show you how to easily protect yourself and come out way ahead.
=Knowledge Going In… Go online and browse for major lender websites like Bank of America, World Savings, Indymac Bank, etc. Every one should have full descriptions of refinance programs currently available. Look through the fixed rate and adjustable rate mortgages and get a good understanding of
how they work. These big lenders spend a lot of money on easy explanations of their mortgage refinance programs. Take advantage of them.
=Making Contact…In talking with a lender, make sure the loan officer doesn’t avoid any of your questions. If they get off track and evade issues, move on to the next lender! And ALWAYS get a good faith estimate and...
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