Tag: <span>Refinance</span>

Post

THE PUSH TO REFINANCE

You may have received a phone call, mailer, or email with the promise of low rates and lower payments. Below are some thoughts to consider before you refinance. The most basic analysis is to compare the savings to the costs. For example, if the costs are $2,500 and the savings is $100 per month, then...

Post

BUYING, REFINANCING, WHAT’S THE PLAN?

As you can imagine, we get asked more so than ever before, “Is now the right time for buying or refinancing a home?” Refinancing is currently on the forefront of many homeowner’s minds today. If you are a prospective home buyer when should you start planning for your mortgage? The answer is as soon as...

Post

REFINANCING IS HIGHLY DESIRABLE 

Refinancing is highly desired right now and we have helped many homeowners refinance their loans.  Frequently delaying the process is postponed mortgage payments due to forbearance. Is it possible to refinance a loan in forbearance? Yes, you can refinance if your loan is in forbearance. You will have to bring your loan current to refinance....

Post

QUESTIONS ABOUT REFINANCING?

Do you have questions about refinancing? We provide counsel to help you find the right mortgage. We’ve helped many clients refinance their loan. We are a mortgage broker, and search wholesale lenders to find the best rate and costs. We broker in both Arizona and California. Contact us, we can help! We offer a variety...

Post

MY LOAN IS IN FORBEARANCE, CAN I REFINANCE TO GET A LOWER RATE?

  In order to refinance, you will have to bring your loan current.  We recently had a client who chose the government’s option to forebear his mortgage payments.  He did not pay his mortgage for a couple months.  When he contacted us to refinance, the lender would not approve the loan until he brought his...

Post

REFINANCING CONSIDERATIONS

You may have received a phone call, mailer, or email with the promise of low rates and lower payments.  But, is simply reducing your payment the smart thing to do?  Below are some thoughts to consider before you refinance. The most basic analysis is to compare the savings to the costs.  For example, if the...

Post

CAN I SKIP A PAYMENT, OR TWO?

Have you heard you can “skip” a payment, or maybe even 2 months payments, when you refinance? Is this practice considered tricking the system, or getting away with something? No, in fact, you may be front-loading more cash at closing. This is how it works: The first thing to understand is how a mortgage payment...

Post

CONTACT US!

Counsel Mortgage Group, LLC is a mortgage brokerage with the sole purpose of finding the right loan for you. We broker loans to wholesale lenders and pass on their rates and costs to you. If you or someone you know is in the market looking for a loan, give us a call and let us...

Post

NEW YEAR’S RESOLUTIONS

Now is the time that we reflect on 2018 and make resolutions for 2019. Many people will review their financial picture to see where they can improve on their finances for the upcoming year. The mortgage is as much a part of your financial picture as your investments. How best to finance the mortgage and...

Post

TO REFINANCE OR NOT TO REFINANCE, THAT IS THE QUESTION

Perhaps a better question is HOW to refinance. This week the Fed (FOMC) stayed the course as advertised, raising their Fed Funds rate another 25 bps, their 8th ¼ point increase since late 2015. This takes Fed Funds to 2.00-2.25% range, and Prime to 5.25%. In their public announcement following the Wednesday meeting they reiterated...