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  • Casual Articles - Mortgage Refinancing – Where to Start

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    Get Pre-Approved When Shopping

    When shopping for a mortgage applying for pre-approval can help avoid common homeowner mistakes. When you appl

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    Refinancing a home mortgage can be an intimidating task. With so many choices how do you know which loan is right for you? How do you protect yourself from predatory lending practices? Doing you homework before applying is the answer; here is what you need to know about refinancing your mortgage and protecting yourself from predatory mortgage lenders.

    There are a number of mistakes many homeowners make when applying for a mortgage. These mistakes range from overpaying closing costs, damaging your credit score while shopping, to accepting mortgages with prepayment penalties. Here are steps you can take to avoid costly mortgage mistakes.

    Get Pre-Approved When Shopping

    When shopping for a mortgage applying for pre-approval can help avoid common homeowner mistakes. When you appl

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    ory lending practices? Doing you homework before applying is the answer; here is what you need to know about refinancing your mortgage and protecting yourself from predatory mortgage lenders.

    There are a number of mistakes many homeowners make when applying for a mortgage. These mistakes range from overpaying closing costs, damaging your credit score while shopping, to accepting mortgages with prepayment penalties. Here are steps you can take to avoid costly mortgage mistakes.

    Get Pre-Approved When Shopping

    When shopping for a mortgage applying for pre-approval can help avoid common homeowner mistakes. When you appl

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    m predatory mortgage lenders.

    There are a number of mistakes many homeowners make when applying for a mortgage. These mistakes range from overpaying closing costs, damaging your credit score while shopping, to accepting mortgages with prepayment penalties. Here are steps you can take to avoid costly mortgage mistakes.

    Get Pre-Approved When Shopping

    When shopping for a mortgage applying for pre-approval can help avoid common homeowner mistakes. When you appl

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    costs, damaging your credit score while shopping, to accepting mortgages with prepayment penalties. Here are steps you can take to avoid costly mortgage mistakes.

    Get Pre-Approved When Shopping

    When shopping for a mortgage applying for pre-approval can help avoid common homeowner mistakes. When you appl

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    Get Pre-Approved When Shopping

    When shopping for a mortgage applying for pre-approval can help avoid common homeowner mistakes. When you apply for pre-approval make sure the lender is not accessing your credit. Credit inquiries from lenders are recorded on your credit history; having too many of these in a short period of time can damage your credit score. Damage to your credit score could result in paying a higher interest rate for your mortgage. Make sure the lenders you are screening do not access your credit; do not give out your Social Security number when shopping for a mortgage.

    Avoid Prepayment Penalties

    Make certain your first mortgage does not have a prepayment penalty in the loan contract. Many homeowners take out mortgages with this penalty and do

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