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 pre-selected index after a set fixed-rate period. As a...
FHA Streamline – Refinance Your FHA Loan with No Appraisal
Overview
An FHA Streamline 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 loan. With FHA Streamline, you could refinance an FHA loan with no appraisal and no income/assets...
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 of their ability to pay their existing mortgage or their...
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 fall in line. Try using a home value calculator; it can give you a good idea of what your home...
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 I refinance?
If you’re in an adjustable rate mortgage,...
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 may want to refinance. More importantly, what’s your...
With 11 years in the lending industry, Ted is proficient in structuring the client’s loan to ensure that the client obtains the best financing. He has become a recognized leader in real estate education and hosts real estate seminars for his clients and the business communities in the Southwest. His attention to the details and in-depth knowledge of the loan process ensures that you are getting the best service possible.
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