Search Results for refinancetag:searchlightcrusade.net,2024:/mt//feed/refinance2024-03-28T15:39:07ZMovable Type 4.21-en15115New Consumer Article: Changes In The Mortgage Market And Transparency Since 2005tag:www.danmelson.com,2009://4.48732009-10-28T14:20:00Z2009-10-28T14:17:04ZDan Melsonhttp://www.searchlightcrusade.net/
It's been a while because I've been both busy and depressed over dis-improvements in the market and their effects upon consumers, but yesterday I found time to write a new article Changes In The Mortgage Market And Transparency Since 2005....
New Consumer Article: They Told Me Not To Make My Loan Paymenttag:www.danmelson.com,2009://4.47822009-06-29T14:00:00Z2009-06-29T13:40:55ZDan Melsonhttp://www.searchlightcrusade.net/
The new consumer article for today is They Told Me Not To Make My Loan Payment. Ladies and Gentlemen, that's one of the top ways to get yourself in trouble when you're refinancing. What if your new loan cannot be...
New Consumer Article: 105% Refinancing With No PMI (Maybe)tag:www.danmelson.com,2009://4.46742009-04-27T14:00:00Z2009-04-27T13:47:20ZDan Melsonhttp://www.searchlightcrusade.net/
The new consumer article for today is 105% Refinancing With No PMI (Maybe). It goes over the straight scoop on Fannie and Freddie's new programs aimed at loss mitigation by helping people who would be able to refinance if values...
New Consumer Article: Why It May Be Costly to Reject Paying Pointstag:www.danmelson.com,2009://4.45782009-02-25T15:00:00Z2009-02-25T14:49:10ZDan Melsonhttp://www.searchlightcrusade.net/
The new consumer article for today is Why It May Be Costly to Reject Paying Points. The advice "never pay points" actually started out as misleading advertising intending to keep consumers away from what in fact were better loans, but...
New Consumer Article: Investment Property and Loan Qualificationtag:www.danmelson.com,2009://4.45482009-02-10T15:00:00Z2009-02-10T14:47:40ZDan Melsonhttp://www.searchlightcrusade.net/
The new consumer article for today is Investment Property and Loan Qualification. It has become exceedingly difficult to get credit for rental income when you apply for a new mortgage, with the upshot being that when the lender won't agree...
New Consumer Article: Jumbo Loans and The Current Market (January 2009)tag:www.danmelson.com,2009://4.45212009-01-28T15:10:00Z2009-01-28T15:04:46ZDan Melsonhttp://www.searchlightcrusade.net/
The new consumer article for today is Jumbo Loans and The Current Market (January 2009). There is always a tradeoff between rate and cost on mortgage loans, but lenders vary exactly what that tradeoff is in order to suit their...
UPDATED Consumer Article: Refinancing When You Owe More Than The Home Is Worthtag:www.danmelson.com,2009://4.44912009-01-08T15:10:00Z2009-01-08T15:03:43ZDan Melsonhttp://www.searchlightcrusade.net/
This morning I updated my popular article Refinancing When You Owe More Than The Home Is Worth, talking about the changes in the possibilities since I originally wrote it. I really want to be writing more original stuff, but...
New Consumer Article: Cash to Close - A Basic Primertag:www.danmelson.com,2008://4.44312008-12-01T15:00:00Z2008-12-01T14:44:21ZDan Melsonhttp://www.searchlightcrusade.net/
The new consumer article for today is Cash to Close - A Basic Primer. The article discusses how much cash a buyer of real estate has to have in order to make the transaction happen. Proving that you have this...
New Consumer Article August 26th, 2008tag:www.danmelson.com,2008://4.42392008-08-26T14:00:00Z2008-08-26T13:45:51ZDan Melsonhttp://www.searchlightcrusade.net/
Today's new consumer article is What If You Cannot Refinance Later?, which addresses a very real concern that there are many reasons why people may not be able to refinance their property at a later date, so even though the...
New Consumer Article August 21, 2008tag:www.danmelson.com,2008://4.42302008-08-21T14:00:00Z2008-08-21T13:54:56ZDan Melsonhttp://www.searchlightcrusade.net/
Today's new consumer article is The Moment of Truth, Signing Bad Loan Documents and the Right of Rescission, which discusses the Moment of Truth that happens in every loan - when the loan documents are presented. Ideally, there should be...
Why Cost Is As Important As Rate For Mortgage Loanstag:www.danmelson.com,2008://4.40562008-05-27T14:00:00Z2008-05-27T13:50:34ZDan Melsonhttp://www.searchlightcrusade.net/
A few days ago I wrote an article explaining why borrowers should consider a 5/1 ARM, because the tradeoff between rate and cost is lower for that loan, and most people don't keep their loans 5 years anyway, so...
Debunking the Money Merge Account Scam (Games Lenders Play, Part 8)tag:www.danmelson.com,2008://4.39132008-03-20T14:00:00Z2008-03-20T13:57:12ZDan Melsonhttp://www.searchlightcrusade.net/
Mortgage Accelerators, or Money Merge Accounts, have become the thing that everyone's pushing of late. I have gotten so much junk mail about this from more originators (who don't know who I am) and wholesalers (who should) in the last...
Refinancing With a Prepayment Penaltytag:www.danmelson.com,2008://4.38962008-03-13T14:00:00Z2008-03-13T14:10:32ZDan Melsonhttp://www.searchlightcrusade.net/
how soon should I start shopping around to refinance my home? I have a 2yr interest only and it's up in (four months) Okay, the 2/28 loans which you are describing all have prepayment penalties for at least two years....
Differences Between Loans Look Smaller Than They Aretag:www.danmelson.com,2008://4.38252008-02-05T15:00:00Z2008-02-05T15:06:20ZDan Melsonhttp://www.searchlightcrusade.net/
One of the things I keep getting told by people is that my loans are the same as everybody else's. I quoted a 5.625% with no points a few days ago, and got told, "That's the same rate someone else...
Successful Refinancing - An Example of the Issues, Computations, and Thought Processtag:www.danmelson.com,2008://4.37942008-01-22T15:00:00Z2008-01-22T14:43:03ZDan Melsonhttp://www.searchlightcrusade.net/
With rates having dropped in recent weeks, it seemed a good idea to go over the thought process behind a successful refinance. Other than the two issues, of loan to value and whether you're really able to qualify for a...