You Refinanced Your Home – Now What?

You made the decision to refinance your home and now that the process is complete you have the opportunity to enjoy lower payments, you may have some extra cash in the bank because you took cash out of your equity but now you are considering what you should do to move forward. Here are some things you can do after refinancing that will improve your overall financial future.

How to Become a Top-Performing Loan Officer. Part 2

Your primary objective as a loan officer is to determine the most appropriate loan product for respective customers and close the loans, of course. While you may have all it takes to provide excellent services for your customers, keeping the business healthy also needs you to maintain a steady flow of both new and repeat customers through your door. So, what should you do to become a top performer and attract more business? Let us explore.

How to Become a Top-Performing Loan Officer. Part 1

As a mortgage loan originator, your goal should always be to increase your referral sources to help you expand your business. While many people in the industry realize the value of having an online presence, they underestimate the importance of using local resources to grow a pipeline. If you want to be a top-performing loan officer, the following tips will help you take your game to the next level:

What is Refinancing?

Mortgage refinancing is the process of replacing an existing home loan with a new loan. The goal of refinancing is to assist you in reducing your monthly payments, lowering your interest rates, or change your loan program from an adjustable rate mortgage to a fixed rate mortgage. Moreover, when you make regular payments on your mortgage for several years, you can increase the amount of your home equity.

What are Adjustable-Rate Mortgages?

Adjustable-rate mortgages (or ARMs) are a type of home loan. They’re differentiated from standard mortgages through one key factor: if you have an ARM, your interest rate can change periodically. Your monthly payment could be one amount next month and then higher or lower the next.

Advice on Disputing Errors on Your Credit Report

As any current homeowner can tell you, a major part of buying a home will also be your ability to understand your credit score. A simple error on your credit report can make or break your success at getting the home you have always dreamed of owning. Do you know how to understand your credit report or how to dispute items that you feel are mistakes?