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Tag Archives: explain
Q&A: explain basics of mortgage refinancing to me please…?
Question by marcus s: explain basics of mortgage refinancing to me please…? let’s say that i bought a 100,000 dollar house two years ago. for the sake of simplicity, i put no money down and i borrowed all of the … Continue reading
Isn’t refinancing a mortgage or car payment a terrible idea, it just doesn’t add up, can you explain it?
Question by Marcus: Isn’t refinancing a mortgage or car payment a terrible idea, it just doesn’t add up, can you explain it? I don’t understand, why would you borrow money with a lower interest rate, to pay off borrowed money? … Continue reading
Can someone explain the difference between using a mortgage broker, mortgage lender, & a bank for refinancing?
Question by bayleigh789: Can someone explain the difference between using a mortgage broker, mortgage lender, & a bank for refinancing? What are the benefits and drawbacks to each? We are refinancing our home. Best answer: Answer by bostonianinmoA mortgage broker … Continue reading
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Tagged Bank, between, Broker, difference, explain, Lender, mortgage, refinancing, someone, using
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Q&A: Can anyone explain the points system in refinancing a mortgage?
Question by Jes: Can anyone explain the points system in refinancing a mortgage? I understand loan officers charge certain amount of points to do the loan, and i know a buyer can purchase discount points. But why do they have … Continue reading
Q&A: What is the simplest way to explain mortgage refinancing to a client?
Question by : What is the simplest way to explain mortgage refinancing to a client? Best answer: Answer by hirebookkeeperPut it as simple as possible. Maybe write it down on paper, the numbers, the percentages etc. Try Wikipedia for information. … Continue reading