Refinance

Why New Jersey Mortgage Borrowers Are Often Still on the Losing End After Rate Shopping

One of the most frequent complaints we hear from New Jersey borrowers is about the interest rate “they thought” they could or would get on their new mortgage loan.  This happens more so when borrowers found their mortgage consultant by either (1) calling several lender offices inquiring about mortgage rates, or (2) relying on Internet [...]

Read Full Article & Comment →

Your ONLY Chance to Refinance Your New Jersey Mortgage With Less Than Sparkling (Bad) Credit

Anyone who has not been living in a cave for the past year have heard the sob stories from lenders and the sad state of lender balance sheets.  Lenders are not interested in loaning money to those with poor credit.  And we must confess, it makes perfect sense.  When there are indications that the applicant [...]

Read Full Article & Comment →

9 Things You Must NEVER Do While You Wait For Your New Jersey Loan To Close

After you apply for a mortgage in New Jersey and you’re told you have been pre-approved, don’t think it’s all smooth sailing to the closing table.  Because YOU might do something to foul things up.  Happens a lot, especially if you were not warned by your loan officer. Even if you were pre-approved at the [...]

Read Full Article & Comment →

Why Does it Seem Everybody Gets a Different Interest Rate – AND Why Didn’t I Get That Dreamy Low “Advertised” Rate?

When this subject comes up, I have to mention the car sales business.  I know the two businesses seem very opposite, but they are oh so similar. Have you ever seen the ads for new cars where you supposedly can get ZERO percent interest?  Yep, we all have.   Have you ever read the fine print?  [...]

Read Full Article & Comment →

Next Entries →