Category: Home Loans

Does Refinancing Make A Difference?

In this article we answer the question “does refinancing make a difference?” More importantly, we illustrate how much of a difference it can make. We will use a physical therapist (we will call her Rachel) who recently graduated with her D.P.T. as an example. Rachel has a $50,000 private loan that has an interest rate of Read More …

Refinance Process Explained – Part 2

This is a part 2 of this article.  For part 1 click here. Step Four Step four of the refinance process is verification.  This is where the refinance process can start to drag on and on.  Again, if you performed steps one and two, it will make this process that much faster.  The reason being is Read More …

Refinance, What Does That Mean? Part 2

Does My Rate Always Drop If I Refinance Student Loans? Refinancing your student loans is always encouraged by financial “professionals.”  However, three circumstances have to happen for you to have the ability to refinance. Your financial situation has to improve.  In finance, we say that “you are now more credit worthy.”  When you initially received Read More …

Should I Refinance? (Part 2)

This is part 2 of should I refinance.  Click here for part 1.  In part 1 we discuss how there are two primary ways to consider refinancing.  The first is what I call the “Pure Finance” way and the second is the “Break-Even Analysis” way.  In this article, we focus on the Break-Evan Analysis way. Read More …

Should I Refinance? (Part 1)

Should I refinance is the question I often hear from individuals. In this article we give you guidance and a calculator to help answer that question. This article is written from the stand point of refinancing one loan with a similar type of loan. Specifically, one fixed loan to another fixed loan. Other types of Read More …

Refinance Process Explained – Part 1

Due to technological innovations, everything is at our fingertips.  We can watch our favorite movies or order food within seconds.  However, when it comes to finance, especially the refinance process, it seems like we live in the stone age.  There are a handful of companies that are trying to “speed up” the refinance process by introducing Read More …