Trying to Refinance to a Lower Interest Rate – My Refinance Was Denied

21 Jan

Posted by Braxton Haines as Adjustable Rate Loans, Alternative Loan Programs, Appraisals, First Time Buyers, Home Equity, My Mortgage, Personal Finance

With interest rates in the high 4-percents to low 5-percents, now is the perfect time to refinance, especially for those of you who may currently have an adjustable rate loan. If you’re looking to get out of your adjustable rate loan, there is no better time than the present to get yourself into a fixed [...]

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2nd Mortgages – Second Mortgage Interest Rates and Refinancing 2nd Mortgages

15 Nov

Posted by Braxton Haines as Alternative Loan Programs, Home Equity, Second Mortgage

A second mortgage (2nd mortgage) is a loan taken against your home in addition to the primary mortgage. The equity in your home is used as the collateral for the loan in the second mortgage. Second mortgages are often called subordinate loans because they come 2nd to a primary loan, meaning that if a borrower [...]

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My Custom Closets Are Installed – My House Is Already Increasing In Value

06 Aug

Posted by Braxton Haines as Home Equity, Remodeling

So after 8 hours of grueling labor last Saturday, my custom closets are finally installed. That was part of the deal for me being able to get such a huge discount on my closets – I had to do all of the demo prior to the install, and I had to help install. In my [...]