A Guide to Short Refinancing
A short refinance replaces your existing mortgage with a new mortgage that has a lower balance when you’re at risk of foreclosure. You can only…
Category: refi-options
An Overview of Refinancing an FHA Loan to a Conventional Loan
Homebuyers who don’t have a large down payment or a high credit score often rely on FHA loans to become homeowners. However, refinancing from an…
Mortgage Accelerator: What It Is, Types, and More
A 30-year mortgage can feel like forever if your goal is to be debt-free. So, you might be tempted by a program that can purportedly…
Types of Reverse Mortgages
A reverse mortgage can be a crucial way to meet your expenses in retirement. With these loans, your lender actually pays you, using the equity…
USDA Refinance: Benefits, Rates, Requirements, and More
U.S. Department of Agriculture (USDA) loans are an alternative to conventional financing, designed to help people with low to moderate incomes become homeowners in certain…
How to Pay Back a Reverse Mortgage
Retirement is a well-deserved break after a lifetime of work, but it can also stretch your finances. You might need between 70% to 90% of…
VA Cash-Out Refinance: How It Works and When to Get One
A VA cash-out refinance allows you to pay off your existing home loan — even if it’s not a VA loan — with a new,…
VA Streamline Refinance: How It Works and When to Get One
If you’re a veteran with a VA home loan, there’s a simple way to refinance that could save you money. A VA streamline refinance —…