WHAT CLIENTS ASK THE MOST
Answers To All Your Questions
WHEN SHOULD I REFINANCE?
The ideal time to refinance depends on your financial goals and the current mortgage rates. Consider refinancing when rates are lower, your credit has improved, or you want to shorten your loan term, reduce monthly payments, or tap into your home's equity for other financial needs. Consulting with a mortgage expert can help determine the best timing for your specific situation.
SHOULD I GET A FIXED RATE OR ADJUSTABLE RATE LOAN?
The choice between fixed-rate and adjustable-rate loans depends on your risk tolerance and future plans. Fixed-rate offers stability, while adjustable-rate may have lower initial rates but carry potential for rate increases. Consider your financial goals and consult with a mortgage expert for personalized advice.
WHAT IS A SUB-PRIME MORTGAGE?
A sub-prime mortgage is a home loan designed for borrowers with lower credit scores or financial challenges. It often comes with higher interest rates and increased risk for lenders.