Are you wondering why people refinance their mortgage? In short, it’s because they can get a better rate and save money. When mortgage rates drop, it’s an excellent time for homeowners to refinance a home they have owned for a short time or have a long-term mortgage on. For homeowners, buying your dream home is…
Author: Compass Mortgage
Home Refinancing Tips to Save You Time and Money: Insights from a Home Refinancing Company in Danville, Illinois
Mortgage rates vary every single day. Generally, stronger economies create higher mortgage rates and weaker economies generate reduced mortgage rates. Buyers who purchase homes during increased interest rate periods tend to refinance when the mortgage rates drop. Getting a lower interest rate through home refinancing in Danville, Illinois can save you a significant amount of…
Eight Commonly Asked Questions About Mortgage Companies in Woodbury, Minnesota
Are you finished with the house-hunting process in Woodbury, Minnesota? So, what’s the next step? If you have a home picked out, you’re probably ready to secure the money, get your keys, and move in. But where do the funds come from? This is where a mortgage company comes in. Mortgage companies apply for loans…
Is It Easy to Get a Mortgage Through a Broker? Insights from a Mortgage Company in Pekin, Illinois
Shopping around for a mortgage is a stressful phase of the home buying process. But the right mortgage broker can help you navigate through the underwriting and closing processes. Partnering with a mortgage broker in Pekin, Illinois is an excellent option for anyone who wants to ease the stress of having to go through the…
What Are the Responsibilities of a Mortgage Broker? Insights from a Mortgage Lender in Janesville, Wisconsin
In the past, there was a lot less competition amongst financial institutions. But today, things have changed significantly. Homebuyers do not hesitate to compare creditors for obtaining the best interest rate on their mortgage. It has allowed mortgage brokers in Janesville, Wisconsin to secure a place in the marketplace. Although mortgage brokers have been around…
Things to Avoid When Closing Your Mortgage Loan: Insights from a Mortgage Company in Quincy, Illinois
Home loan closing is an exciting time for home buyers. After a long search for a mortgage lender and negotiations with the seller, you finally had your offer accepted. Congratulations! But don’t pop the champagne just yet…
Can’t Refinance Your Mortgage? Here Are Some Options to Consider: Insights from a Mortgage Company in Maple Grove, Minnesota
Is it possible that living in your dream home could turn into a nightmare? Unfortunately, this is a reality for many homeowners across the country. They desperately try to refinance their mortgage because they can no longer afford their monthly mortgage payments, but their mortgage lender or bank turns them down. Then comes the fear…
Four Ways Refinancing Your Home Loan Can Help You: Insights from a Mortgage Company in Belleville, Illinois
Are you thinking about refinancing your home in Belleville, Illinois? Home refinancing offers several advantages that vary from borrower to borrower, depending on what they hope to achieve. Here are four ways it can help you:
Four Essential Mortgage Considerations: Insights from a Mortgage Company in Oshkosh, Wisconsin
Are you looking to take out a mortgage for your home purchase in Oshkosh, Wisconsin? If you proceed wisely and learn as much as possible about the various mortgage options that are available to you, you will be in a much better position to protect your financial and personal interests. This is especially important considering…
Reasons Why You Should Work with a Mortgage Broker: Insights from a Mortgage Company in Moline, Illinois
Are you planning to buy a new home in Moline, Illinois? If so, you should be prepared to deal with the various expenses that go with purchasing a home. Some of the fees you will incur on your journey to home ownership include: Down payment Lender-based origination, underwriting, and application fees Title-based fees Survey and…