
Mortgage Calculator
Financing Tips Home
Mortgage Planning Questionnaire
:: (Download PDF)
Loan Application
:: (Download PDF)
Tips:
|
Refinance Today or Tomorrow?
When is a Good Time?
Deciding Factors to Consider before Refinancing:
- Purpose of refinancing
- Interest rates for current and proposed mortgage
- Equity in your home
- Length of time to remain in the home
- Cost of Refinancing
- Current income/credit status
Reasons for Refinancing:
- Lower interest rate mortgage
- Build equity faster
- Cashing Out Equity from your home
- Switch from an adjustable rate to a fixed rate or vice versa
- Improved Credit Score
Process in refinancing a mortgage:
- Financial and Credit history will be reviewed
- Property Value of the home will be assessed
- Equity of the home will be evaluated
Items to prepare for processing the loan:
- Present mortgage information
- Current status of property tax and insurance payments
- Income documentation
- Assets documentation
- Schedule of Real Estate Owned
Cost involved in refinancing:
- Application fee
- Appraisal fee
- Credit Report
- Escrow/Title Fees
- Loan Origination fee
- Discount point fee
- Lender fees
- Prepayment penalty fees (only if applicable)
- Prepaid Interest and payoff interest
Together, we can determine what's best for you.
Use the form below to reach me for all your mortgage planning needs.
* = required
| 
Cathy Dimalanta
"For all your mortgage planning needs"
Direct: (510) 305-3863 Fax: (510) 245-7398
10 Commodore Drive
Emeryville, CA 94608 Contact me!
|