Can You Refinance Your Home Loan with Bad Credit?

Can You Refinance Your Home Loan with Bad Credit?

It’s possible to refinance a home loan if you have a bad credit score. But it’s important to understand that if you do get your application approved, the lender might require any or all of the following: a higher interest rate on your loan. you to pay for lender’s mortgage insurance (LMI) if you have […]

3 Refinancing Mistakes to Avoid

3 Refinancing Mistakes to Avoid

Refinancing can provide you with a lot of benefits, but it’s important to avoid making any refinancing mistakes. Below are some common mistakes that borrowers make when refinancing their home loans, and how you can avoid making those mistakes. Mistake #1 – Unnecessarily extending your home loan term Extending your home loan term lowers your […]