Mortgage financing: Do banks really care if your driveway is paved?
I'm looking to take out a mortgage on my house and I've heard that paving my driveway will increase the value of my house. Should I do this before so I can take out a larger mortgage or will it not dramatically make a difference? It's a pretty substantial financial decision so any and all advice wou...
When does re-financing a mortgage make sense?
I have a 3.99% mortgage, and have been in the house just more than 2 years. We expect to be here at least another 3 years, maybe longer? Given that we might be moving in the not-to-distant future, does it make sense to refinance? I understand rates are really good right now. Is the...
Whats the best way to save for a house?
My wife and I want to save for our next house. We don't have a bunch of extra money each month to put into savings though. What can we do to help get ourselves ready for our next home?...
How do I up my lead generation for home mortgage shoppers?
I recently went out on my own to work solo on my mortgage business. Are there others out there who have tread before me and might have some ideas for advertising and creating some lead generation?...
Refinancing : How do you know when it makes good financial sense?
I checked the interest rates yesterday, and it looks like the going rate is about 0.75% less than what I'm currently paying. How can I calculate if it's worth refinancing? Paying closing costs again sounds expensive, and if it's going to take years to recoup the difference, it might not make sense t...
I locked in my mortgage refinance rate months ago, but my loan officer hasn't completed the process. It's about to expire and I haven't gotten anything out of it except a hard inquiry on my credit report. What can I do?
It's been almost 90 days since I contacted my loan officer, signed a stack of paperwork to refinance my mortgage, and endured a hard inquiry on my credit report. We "locked in" a great rate, but it's been so long that the rates are back where they were before the refi process. The officer did say th...