Tag Archive for: refi

FHA Streamline Refinance: A Simplified Path

Deciding on an FHA Streamline Refinance can be a significant step towards financial ease. This option offers an efficient route to lower monthly payments and potentially a shift to a fixed-rate mortgage, even for homeowners with less equity. At JVM Lending, we understand that each homeowner's situation is unique, and we're here to help you navigate these choices.Read More

VA Cash Out Refinance for Struggling Homeowners

As a Tennessee homeowner and a veteran, a VA cash-out refinance can offer you a path to financial stability and achieving your home-related goals. The VA cash-out refinance is ideal for those needing funds for debt consolidation, home improvements, or other significant expenses. If you're considering leveraging your home's equity or seeking a better mortgage loan JVM Lending's experts will provide personalized assistance, helping you determine if this is the right financial step for youRead More

Divorced Homebuyers: Navigating Mortgages and Real Estate

Going through a divorce can be an emotionally difficult and legally complex journey. Amidst all the challenges, it's important to understand how a divorce can impact your decisions about buying a home. Today, we'll explore the connection between divorce and mortgages, highlighting eight important aspects that could significantly impact your financial well-being, your credit, and your homebuying journey after divorce.Read More

Student Loan Moratorium Over = Serious Threat to Economy; What Borrowers With Student Loans Can Do

It turns out that most of the retail economy has been running on student loan debt relief.  Who knew? Unfortunately, that relief is about to end with the payment moratorium ending at the end of the summer and the Supreme Court telling Mr. Biden he can no longer eliminate student loan debt overall with the stroke of a penRead More

FHA Cash-Out Refinance: The Best Way to Pull Cash Out

Are you in need of extra cash for home improvements, debt consolidation, or other financial goals? Look no further than an FHA cash-out refinance. This mortgage option offered by the Federal Housing Administration (FHA) has gained immense popularity due to its numerous benefits, including higher loan-to-value (LTV) ratios, lower mortgage insurance (MI) costs, and competitive interest rates. In this blog post, we will explore the ins and outs of FHA cash-out refis, understand the guidelines, and highlight why it may be the best way for you to pull cash out of your home. Let's dive in!Read More

5 Things To Know When Refinancing

If you want to approach your refinance with confidence, we recommend these 5 things to know when refinancing.Read More

Free Refis Aren’t Free

An agent recently told us he only refers his clients to “one loan officer” because that loan officer “offers a ‘free’ refi to all of his clients in 6 months, […]Read More

Rates Keep Falling & Will Fall More; Timing The Market

Rates fell again primarily in response to negative economic data, including revised data that showed the economy shrunk more than we thought in Q1 along with more recession indicators and […]Read More

How Do You Refinance A Jumbo Loan In California?

To refinance a jumbo loan in California, you will want to see if you can meet the requirements before you begin your search to compare lenders.Read More

Attention Nervous Homebuyers: Rates Likely to Fall! Dr. Lacy Hunt Explains

Even though rates are still lower than where they were in 2018 (and for much of the last 10 years), homebuyers are still often very upset that rates have climbed so much in recent months. We frequently remind readers that homebuyers stress too much about rates in any case because so few of them keep their loans as long as they think they will (usually less than 7 years).Read More

Eliminating PMI – With Appreciation, Paying Down Loan, or Refinancing!

A client who bought in 2019 emailed me this week, asking how to get out of PMI. Because appreciation has been so massive over the last few years, there is no reason anyone should have kept their PMI in place for more than two years.Read More

Why Should You Refinance Your Mortgage?

Refinancing is an excellent opportunity for homeowners to change their mortgage rate and terms to lower their interest rate, monthly payment, or cash out some of their property’s accumulated equity. There are two types of refinances available for homeowners, rate and term refinance, and cash-out refinance.Read More

When Is The Right Time To Refinance Your Home

Refinancing can be a smart financial move, however, there is still an important question to ask, how soon after buying a property can you refinance?Read More

DANGER! Home Equity Lines & Inflation

A borrower reached out to me for a Home Equity Line of Credit (HELOC) recently, and I referred her to a local bank that we work with that offers the […]Read More