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The ReFi Sixfold Process

Although there are steps in the Refinancing process that mirror the original mortgage process, it can be a smoother (and less hair-pulling & screaming) matter.

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The ReFi Sixfold Process

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  1. Get Started November 2019 The ReFi Sixfold Process Back to blog Okay… So you’ve been through this before and now you’re doing it again! Although there are steps in the Re몭nancing process that mirror the original mortgage process, it can be a smoother (and less hair-pulling & screaming) matter. Here are some ways you can ensure that you’ve checked off all the boxes in the Re몭nancing checklist; so you may close in a stress-less and timely manner. Click Here – to download our Re몭nance Guide.   Here are some of the steps and topics covered in the Re몭nance Guide are:  Compare, compare! You’re the customer- right? So to get the best get out there and compare! Meet with different Mortgage Lenders, compare the different Mortgage Loans (weigh out their pros & cons), examines fees & costs lurking in the 몭ne print (mortgage rates, APR, closing costs, etc.), and the term of the Mortgage.  Lock-in that rate! Remember, Mortgage Interest Rates change DAILY (depending on how the market is doing). With that being said, once you’ve shopped around and located that perfect Mortgage Interest Rate, lock it in! And don’t worry, just because you’re “Locked-in” doesn’t mean that you literally

  2. are; If down the road you wish for a change in your Mortgage Terms, certain adjustments may be possible. Have your paperwork ready! In order to take out any loan, you’ll need to have those 몭nancial documents ready to go! You’ll need at least 2 years of the following: Tax returns (personal & business) W-2’s and/or 1099s  Paystubs  Processing Once all the documents are obtained from you, the processing team will get crackin’. Within a few business days, you should receive a follow-up to make sure everyone is on the same page and that nothing is MIA. The Final Approval This is the double-checking process where the underwriting team goes in with a 몭ne-tooth comb to approve the paperwork and the terms of the loan. Get the Funds and the Closing! After the Mortgage process is agreed upon, you’ll attend a closing where you’ll review the closing documents and sign- off on the terms. Then, viola`! You’re a homeowner! (Well, technically you already are one, but on better conditions!) That’s it in a nutshell! To learn more about the ReFi process, visit us here. Financial Tips Share post: Re몭nancing Was this article helpful? Yes No 0 out of 0 found this helpful Related posts

  3. February 2020 October 2019 Buying A Home? Find The Right Agent! Top 4 ReFi Questions Curious about Re몭nancing? It can be a very smart and strategic move in the game of homeownership. However, i... So you’re getting ready to start the home hunting process and you’d like to enlist a professional- great!... Financial Tips Buying a Home Financial Tips Tools November 2019 November 2019 What Do Your Tax Docs Tell Lenders? How Much Will A Re몭nance Cost You? Thinking of Re몭nancing? Before a Mortgage Lender will issue you a Mortgage Loan, they need to get an idea of... There are many bene몭ts to obtaining a ReFi Mortgage; You can save money monthly, get some needed cash from y... Financial Tips Re몭nancing

  4. Tools Purchase Calculator Re몭nance Calculator Affordability Calculator Rent vs Buy Calculator Credits / Points Calculator Programs Comparison 30 Years Fixed 15 Years Fixed FHA Loan VA Loan About Us Company Information Press Room Careers Testimonials Contact Learn Blog FAQs Of몭ces NJ Of몭ce FL Of몭ce GA Of몭ce CA Of몭ce © 2021. Get A Rate LLC. All Rights Reserved NMLS #907795 Licensed Residential Mortgage Lender in CA, WA, GA, TX, PA, CT, FL, SC, IL and NJ (by the NJ Department of Banking and Insurance). Equal Housing Opportunity Lender. When and if acting as a broker, Get A Rate will not make commitments or fund mortgage loans. Registered NY Mortgage Broker. All NY mortgage loans are arranged with third party lenders – Get A Rate LLC does not directly offer or guarantee NY interest rates or loan programs and does not directly issue commitments or make 몭nal decisions on loan terms. This website is not authorized by the NYDFS and that no applications can be taken for NY loans

  5. on the site. Get A Rate LLC is an FHA Approved Direct Lending Institution, and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. These programs are not a commitment to lend and program guidelines are subject to change. Additional Disclosures Home / HUD & RESPA / State Licenses & Disclosures, Terms & Conditions, Privacy Policy / 888-562-2611 / Rate Lock Policy / NMLS Consumer Access

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