Main Menu

Subscribe

Sign up for FeedBurner and get your RSS feeds by E-mail by entering your preferred address below.

For standard RSS feeds, click the RSS links below.

New Program of the Week

Next-Day Cash-Out Refinancing Available
At Affordable Financial Services, we can cash-out refinance a day after a purchase, as long as we can show that improvements were made or the home was purchased below market value. This is great for someone who purchased a steal, or for investors who want to pull some of their cash out. …

Continue reading New Program of the Week

Fannie Mae: Home Loans Will Cost More This Year

The Washington Post reported today that Fannie Mae will charge people more to get a home loan — even for those with perfect credit and can afford to put down a large down payment. The cost for a home loan may be even higher for those with less-than-perfect credit who do not have that much …

Continue reading Fannie Mae: Home Loans Will Cost More This Year

Homeowners Use Cash-in Refinancing to Pay Down Mortgages

Remember the old commercials urging people to turn their home equity into cash for new cars, vacations and other luxuries? Well, people are still cashing out, but for a different reason: to decrease the size of their home loan.

MarketWatch reported today that “cash-in refinancing” is the new trend in which borrowers tap their home equity …

Continue reading Homeowners Use Cash-in Refinancing to Pay Down Mortgages

Good Credit Scores Mean Lower Interest Rates

Do you know your credit score? It’s important that you do if you intend to apply for a home mortgage. If you want a lower interest rate, then it’s time to improve your credit score.

In the 1960s, Fair Isaac and Company started working on a system that lenders could use to evaluate the likelihood of …

Continue reading Good Credit Scores Mean Lower Interest Rates