- Home Loan Refinancing
Loan rates are at historical lows and have no way to go except up. Homeowners generally refinance to take advantage of low interest rates to reduce monthly payments.
Before you even take steps to refinance it is important to look at your credit report and credit score. If credit report shows blemishes and your credit score is below 660, it is going to be hard to qualify for a Federal Housing Administration loan, and it is important to clean up the credit first.
If your credit score is good then there are some important questions that need to be answered before refinancing.
Answering these four critical questions can help you decide.
CLICK HERE to find the questions and answer them.
This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. Should I not or Should I Refinance is brought to you by SimplifyEm Pay Rent Online and Property Management Software
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