Laser Mortgage’s Post

HELOC vs. Cash Out Refinance Learn the difference with the link below NMLS #2012640 #LaserMortgage #Henderson #Nevada #MortgageBroker #MortgageLender #Mortgage #HomeLoans #FHALoans #VALoans #ReverseMortgage #HomeRefinance #HELOC #PurchaseMortgage

How Cash out Refinance Works Read more about it here NMLS #2012640 #LaserMortgage #Henderson #Nevada #MortgageBroker #MortgageLender #Mortgage #HomeLoans #FHALoans #VALoans #ReverseMortgage #HomeRefinance #HELOC #PurchaseMortgage

Is a #mortgage refinance worth it? Here’s what you need to know. #mortgagetips

Every refinance loan requires us to show how the new loan benefits the borrower. In most cases, the benefit to a rate/term refinance is lowering the payment. But there are other reasons, such as reducing the loan’s term, refinancing from an adjustable-rate loan to a fixed-rate loan (considered less risky), removing mortgage insurance, combining a 1st/2nd combo into one loan, or adding/removing a borrower from the loan. In the case of a cash-out refinance, the benefit is receiving cash from the equity in the property. Each loan type has a specific guideline for the benefit to the borrower. Lynn Jabs, Mortgage Loan Consultant (360)535-2274| (888) 659-JABS (5227) USA Homeownership Loans NMLS #1870083 | NV #5392 | NV LO 81153| LO NMLS ID #117079 WA MLO 117079 | FL L0126972 | CA-DFPI117079 #LynnJabs #TeamJabs #USAHomeownershipLoans #Mortgage #PuyallupWAhomes #WAhomes #MortgageinPuyallupWA #LasVegasHomes #NevadaHomes #MortgageinLasVegasHomes

Is a #mortgage refinance worth it? Here’s what you need to know. #mortgagetips

What Is a Streamline Refinance? Find out in the link below #HartMortgage #MortgageLender #MortgageBroker #ConventionalLoans #Mortgage #MortgageLoan #FHALoans #JumboLoans #VALoans #HomePurchase #HomeRefinance #ResidentialMortgage #RealEstate #Georgia

First-time homebuyers with poor credit can still qualify for a home loan. If you’re hoping to get a mortgage but have poor credit, you’re in luck. You can still qualify for an FHA loan with a credit score down to 500. FICO scores between 500-579 will require 10% down. Anything above a 580 would qualify for the 3.5% down loan if you’re a first-time homebuyer. If you work on improving your credit and get your score above a 620, it will open the door to more opportunities, like a conventional loan. #firsttimehomebuyer #poorcredit #creditrepair #howtobuyahome #homemortgage #mortgage #interestrates #bestmortgageloans #bestloanforfirsttimehomebuyer #firsttimehomebuyerhelp #mortgagetips #fha #conventional #mortgageinsurance 

Learn about the various types of #mortgage refinances that are available. #REtips

Mortgage refinance is when you take out a new loan to pay off and replace your old loan. Common reasons to refinance are to lower the monthly interest rate, lower the mortgage payment, or to borrow additional money. When you refinance, you usually have to pay closing costs and fees. If you refinance and get a lower monthly payment, make sure you understand how much of the reduction is from a lower interest rate and how much is because your loan term is longer. Scott Lumb, Mortgage Lender 📱(253)205-7337 - License NMLS# 254824 #ScottLumb #scottlumblender #loanofficer #AbsoluteMortgage #homeloans #homebuying #buyahouse #homebuyer #mortgagelender #mortgage #waloans #wamortgage

To determine if refinancing your #mortgage is a good idea, it helps to brush up on this information. #REtips