Mortgage Cryptocurrency; Lender and Agency FHA, VA changes; Ginnie Names Names – Recall that the veterans administration (va), on Feb. 1, 2018, enhanced disclosure requirements for interest rate reductions refinance loans. informed decisions and determine if the proposed IRRRL.Refinancing your current mortgage can lower your monthly payment, shorten your mortgage term, or provide cash out of the equity. Is it worth your time to refinance your home? Contact us today to visit with a Lone Star Financing home refinancing specialist to evaluate your home mortgage and discuss all available options.
· A mortgage-based loan known as a cash-out refinancing loan allows homeowners to refinance their homes’ current mortgages for higher amounts than owed in exchange for the difference in cash. The new mortgage terms include the additional amount, allowing the borrower to focus on one mortgage payment rather than a mortgage and an additional home equity loan payment.