Published by Ken Dunn - Dunway Enterprises
Google Key Words
|Refinance - refinancing - first home buyers - first home buyer - home loan - home loans - mortgage rates - home mortgage - mortgage rate - mortgage refinance - mortgage loan - interest rate - debt consolidation - mortgage - home - loans - loan|
The Decision to Re-Finance
|The decision to
re-finance a home mortgage is a serious decision which should not be
taken lightly. Homeowners should give this decision a great deal of
consideration to ensure they are making the best possible decision for
their financial situation and personal needs. Some factors to consider
when deciding whether or not to re-finance is the type of loan to
choose, the lender to choose, the costs associated with re-financing and
the hassle of the process.
Consider All of the Options
Homeowners who are seriously considering re-financing owe it to themselves to consider all of the options available to them. They may have a friend who recently refinanced with a specific type of loan but this might not be the solution for all homeowners. Each homeowner should consider their situation to be individual and not likely to closely mirror the situations of others.
Some of the options to consider include the type of re-financing loan. The basic options are fixed interest rates and adjustable interest rates. There are also mortgages which combine these two options. The homeowner may have a specific type of mortgage in mind but the lender may or may not be willing to offer the homeowner this type of loan. Lenders are more likely to offer fixed interest mortgages to homeowners with good credit and adjustable rate mortgages to homeowners with poor credit.
Consider the Lender
Homeowners will also have to carefully consider the lender they select. This is important because not all lenders are going to be willing to offer the same interest rates and terms to the homeowner. Homeowners may have to receive quotes from several different lenders in a short period of time to make an accurate comparison. This is important because interest rates can change without notice and homeowners who wait too long to make a decision may find the rate they were originally quoted is no longer available to them.
When selecting a lender the homeowner should also consider how responsive the lender is to their questions. This is important because a lender who does not pay attention to the homeowner or respond to their inquiries in a timely fashion can make the process of re-financing considerably more stressful than necessary. Selecting a lender who offers slightly higher rates but is more responsive may be warranted.
Consider the Cost of Re-Financing
Re-financing is not cheap. There are certain costs associated with re-financing. These costs are typically very similar to the closing costs associated with securing an original mortgage on a property. These costs may include application fees, loan origination fees, property taxes, appraisal fees and other miscellaneous items.
These costs can be quite extensive and homeowners may find they are often left paying more than the benefits they are going to gain from re-financing. In this type of situation the homeowner should make the decision not to re-finance because it is not a financially sound decision.
Consider the Hassle of Re-Financing
Letís face it; re-financing can be an absolute hassle. The time and energy spent researching different re-financing options and contacting lenders to see who will offer the most favourable rates can be quite taxing. A homeowner should consider the time and effort required for this endeavour in deciding whether or not to re-finance.
Simply stated, refinancing is a hassle and homeowners may better spend their time with family and friends rather than running around trying to find the best rates in town.
RE-FINANCING - SITE MAP
7000 + PLR Articles
No Restriction Private Label Rights to Top Shelf Articles!
Else Wants To Grab The No Restriction Private Label Rights To
Content, Content, Everyone Screams CONTENT!
Here's Your Chance To Provide the Content Needs To Thousands Of Webmasters .. While You Rake In The Profits!
RETURN TO THE FREE MAIN FREE ARTICLES INDEX
Recommend this site to a Friend
100's of Books - Related to Refinancing
FREE GIFTS CLICK HERE
ALL ABOUT REFINANCING
MARKETING - AIR
PURIFIERS - AUTO
NAVIGATION - COIN
COLLECTING - COPY
WRITING - CONTACT
LENSES - COOKING
DATA RECOVERY - EXCAVATION EQUIPMENT - FAMILY BUDGET - HEALTH INSURANCE - HOME THEATRE SYSTEMS
MOTOR BIKES & SCOOTERS - NICHE MARKETING - ONLINE SHOPPING - POWER TOOLS - REFINANCING - REMOTE CONTROL HELICOPTERS
TIMESHARE INVESTMENT - VITAMINS SUPPLEMENTS - WEIGHT LOSS - WINE & SPIRITS - YOUTUBE
- ALTERNATIVE ENERGY
- GLOBAL WARMING
HAIR TRANSPLANT - LASIK - SECURITY CAMERAS
SOLAR POWER - TEEN WEIGHT LOSS
IF YOU CAN'T FIND
THE INFORMATION OR THE PRODUCT
THAT YOUR LOOKING FOR - CHECK OUT THE CLICKBANK CATALOGUE
Over 10,000 Products to Choose From!
to Business - Health
& Fitness - Home
Computing & Internet - Money & Employment - Marketing & Ads
Fun & Entertainment - Sports & Recreation - Society & Culture
Give to Your Family and Friends
them what they've always wanted.
Mail Order Products
If you're into Niche Resale
Rights Products then check out my
other eBooks Site
which has 120 + different eBook Packages and still growing.
Quantity in ... 'Master
Resale Rights Products'
100 + Separate Packages for you to choose from!
The Ultimate Recipe
Collection [COOK BOOKS]
CURRENTLY  DIFFERENT RECIPE E-BOOKS ON THIS PAGE
CLICK HERE TO VIEW THE LIST
Dunway Enterprises || Dunway Sitemap
WebMaster & Site Design by Ken Dunn
Dunway's Network of Joint Venture Sites
No Restriction Private Label Rights to 7,000 Top Shelf Articles!
- DUNWAY.BIZ - DUNWAY.INFO
- DUNWAY.US - DUNWAY.ORG
CLICK HERE TO SEND MAIL
Copyright [c] Dunway Enterprises
ALL RIGHTS RESERVED
Re-Financing Private Label Articles