Tag: cash out refinance

Major changes to fha loans

HUGE change to FHA refinances

Posted Laura Borja -Mortgage ProfessionalLeave a commentPosted in Buyer Tips and Advice, FHA Loans, Mortgage Knowledge

There is a HUGE change to FHA refinances coming this September 1st HUD released a statement on August 1st, 2019 detailing a huge change to FHA refinances effective with case numbers issued on or after September 1,2019. Up until now, FHA refinances have allowed homeowners to cash out up to 85% of their home’s value.  […]

Why Refinance?

Why refinance?

Posted Laura Borja -Mortgage ProfessionalLeave a commentPosted in Buyer Tips and Advice, Loan Progams

The primary reason someone refinances is to save you money. The goal is get the best payment, with the best possible rate at the lowest possible cost. How does your current loan compare to others available in today’s market? Here are some reasons you might consider a refinance: – If you have a fixed rate loan […]