Do you own a home or rental property and want to refinance the loan? We have historically low interest rates, so you should absolutely take advantage of them if you can!
This means you're likely going to talk to a Mortgage Broker who will take you through the process, explain the current rates and, if you're lucky, explain the options you have available to you. I'm currently going through this process on two of my properties! One of the loans is with a major national bank and so I figured I would start there and see what rates they would offer me.
The broker I spoke with at this major bank was very professional and he knew his script backward and forward. However, I'm not the standard consumer. I explained to the broker, "I'm a real estate investor and I know how to run a financial c... Read more...