Home:Real Estate / Mortgage Refinance

Learn more about mortgage refinancing and get all the facts you need to know when restructuring your home loan.

With the recent collapse of the U. S. Financial markets, obtaining a home mortgage can now be quite a chore. Long gone are the days where a 620 FICO score, verifiable income, and a promptly paid previous or current home mortgage were just about all you needed to get a new mortgage. We are truly in a different world when it comes to finance.

A mortgage refinance refers to the replacing of an existing debt with another debt obligation that has different terms.

Are you buying a house in this frenetic real estate market? You had better be prepared to bring a boatload of money to the closing table because attempting to secure a mortgage in this market is going to cost you.