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Save: The Benefits Of 15-Year Refinancing

The Benefits Of 15-Year RefinancingLearn how refinancing a home mortgage could lower your interest rate and save you thousands. Refinancing is when you take out a new loan to completely pay off your original one. This may sound odd, but it gives you the opportunity to get a better interest rate and change the loan period, which could save you thousands of dollars over the course of your loan. Why would I want to refinance?Sometimes people choose to refinance their home mortgage because they qualify for a better interest rate than when they first purchased the home. If you had bad cre...

July 27th, 2017 | Predatory Lending, Mortgage Rate, Types of Loans, Home Loans, Refinancing, 15-Year Refinance, Save: The Benefits Of 15-Year Refinancing

How To: Protect Yourself From Predatory Lending

Protect Yourself From Predatory LendingLearn how to spot and avoid predatory lending practices so you don’t get stuck with a bad loan If you’re in the market for a home loan, you may have heard the term “Predatory Lending” before. Here we’ll explain what that means and how to spot predatory lenders so you don’t get stuck in a bad situation! What are predatory lending practices?In a nutshell, predatory lending is when a lender takes advantage of a borrower. The lender might propose unfair loan terms, such as charging the highest possible rates and f...

June 29th, 2017 | Types of Loans, Predatory Lending, Home Loans, Mortgage Rate, How To: Protect Yourself From Predatory Lending