Archive for January, 2010

When is it a Bad Idea to Refinance?

Refinancing can be a great thing if it’s done at the right time. Doing it at the wrong time can cost you money, time and effort. Here are four reasons that refinancing may not be the best move.Your Current Fixed Interest Rate Isn’t Much Different Than the New Rate – If you are thinking about [...]

Bad Credit Mortgage Lenders – This You Need to Know

In this article we are going to take a quick look at bad credit mortgage lenders, and whether or not you should place your home, trust and potential future financial security in their hands. First, let’s look at some definitions:Are YOU a High Risk Borrower?If your credit is FAR beneath the national average (in the [...]

Options For Getting A Mortgage With Bad Credit

In a perfect world everyone would have a 720 credit score and a trouble free credit history. Unfortunately we live in reality and the truth is that many home owners have less then perfect credit scores. While bad credit can make refinancing a home loan difficult getting a mortgage with bad credit is actually easier [...]