Tag Archive for: refinance

Friends Don’t Let Friends “Time the Market”

We had a borrower who did not want to lock his loan last week because he was convinced interest rates would fall further. But, instead of falling, rates actually rose almost 1/2% over the ensuing week. So – this is my reminder to borrowers to never try to time the market with respect to interest rates, as we see our clients get burned time and again.Read More

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

Streamline Refinance Your Mortgage with FHA

Are you considering refinancing your mortgage? The FHA Streamline Refinance could be the perfect solution for homeowners looking to lower their monthly payments or adjust their loan terms.Read More

Refinancing During Chapter 13 Bankruptcy in Florida City

Refinancing your mortgage during or after a Chapter 13 bankruptcy in Florida City or the greater Miami-Dade County is a viable option that can lead to significant financial relief. At JVM Lending, we are dedicated to providing expert advice and solutions that cater to your unique circumstances.Read More

Turning Your Primary Residence into an Investment Property

Are you thinking about transforming your primary residence into an investment property? It's a smart financial move that can help you build wealth, but it's essential to navigate the process wisely.Read More

Middle Class Homeowners Take On $7,000/Month Payments – Expecting to Refi; Dangerous or Smart?

4 Million Listings in 2007 vs. 600,000 Today I spoke at a marketing event yesterday about “why I expect 0% rates in 2024; what that means; and why 2024 could […]Read 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

Why Most Agents Need to Refi Before October 15th; Will Rates Ever Fall?

A savvy agent emailed last week asking when she could refinance her condo which is currently at 6.5%. She was anxious to refi BEFORE she files her 2022 tax returns, […]Read More

Using Home Equity to Pay off Consumer Debt

Are you burdened by consumer debt that seems to linger endlessly? Do you dream of a future without the weight of high-interest credit cards and loans? If so, there may be a solution within the walls of your own home. By leveraging your home equity through a cash-out refinance, you can pave the way to financial freedom while consolidating your personal debt. In this article, we will explore the advantages of paying off consumer debt with your home equity, delve into the cash-out refinance process, and answer some frequently asked questions.Read 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

Refinancing Is Now Way More Expensive – Or More Difficult

This short IG video, titled “Refinancing Is Going To Be More Expensive Than Ever” was making the rounds on social media recently. We were getting questions, so I decided to blog about it. It is a good video, but the gentleman is only about half right.Read More