Category Archives: Refinancing

How Adjustable Rate Mortgages Work

The Truth About Adjustable Rate Mortgages Overview Adjustable-rate mortgages (ARMs) are great for certain people and situations. Don’t pay more each month than you need to. If an ARM makes sense, why not go with one? An adjustable-rate mortgage (ARM) is “a loan with interest rates that are adjusted periodically based on changes in a… Continue Reading

FHA Streamline – Refinance Your FHA Loan with No Appraisal

Overview An FHA Streamline refinance allows you to take advantage of lower mortgage rates by refinancing your current FHA loan into a lower fixed rate on a new FHA loan and you could even qualify for no appraisal and easier qualification. The Canto Team offers FHA Streamline refinance, the easiest way to refinance your FHA… Continue Reading

The Making Home Affordable Plan: Myths about Loan Modifications and Refinancing

Overview Let us examine a few of the common myths surrounding President Obama’s new housing plan – Making Home Affordable. To find out if you qualify for the Making Home Affordable plan, go to http://makinghomeaffordable.gov or call a Home Loan Expert now at (888) 724-7402. Myth: Everyone can qualify for a loan modification – regardless… Continue Reading

Simple Ways to Find Your Home Value

Overview Figuring out how much your home is worth can be tricky if you don’t know where to start. Several factors impact your home value. Make sure to have your home appraised by a professional. Look at listings of homes for sale in your area, and those that have recently sold. Your home value should… Continue Reading

Home Loan Refinancing Choices

Overview Which home loan is right for you when you refinance? Learn how mortgages work and the difference between fixed-rate, adjustable-rate and interest-only home loans. Refinancing can get you a lower mortgage payment and lower interest rate on your home loan. Locking into a fixed-rate mortgage can insure your payments stay the same. Q. Should… Continue Reading

Reasons to Refinance Your Mortgage

Overview Lower interest rate? Need cash? Refinance your mortgage for the right reasons. Check out these five refinancing opportunities. Lower your payment and make your finances work for you! What are your financial goals? Know those, and you’ll know if and when you should refinance your mortgage. When interest rates change in your favor, you… Continue Reading