Do NOT Refinance Your Mortgage

Refinancing Your Mortgage Could Be A HUGE Mistake. In this video, we discuss what you have to pay attention to when doing a refinance and why you should NOT refinance your mortgage

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Connect with me 👇
Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
Real Broker

Connect with me 👇
Josh Lewis (Huntington Beach Certified Mortgage Expert)
DRE 01209148
Buywise Mortgage
M:714-916-5727

[dixielandproductionco.]

Thanks for the notification smashed the thumbs up 👍 another great episode

[CocoloverCC]

Thanks guys for the info as always. I will contact you for sure when we feel comfortable refinancing!

[kl]

Question: I’m at a toss as to by a sfh using a va loan or buying 1/4 to 1/2 acres of land (paying cash) and building 2-3 homes and get a construction loan to build (not sure what the cost will be to build such). I appreciate your input.

[pedrelias]

Thank you for the great info!I'm getting some significant money from a sale that is closing 1 month after we bought. In your opinion is it better to Recast or Refi? Loan is at 6.87% and first payment due in November. For Recast I'll have to make 3 payments at the higher payment amount before the payment gets lowered. Payment is at 9k with tax ins and will go down to 6.5k

[yardmama]

I’m in Louisiana and would like to get your advice on if I should refi. Is that possible?

[antareschen]

Basically most refinance officers are scammers. They are desperate; some idiots asked me to give up my 2.75% rate to refinance to get 5% to reduce monthly payment. And convinced me with their BS.

[boohoohoohoo]

How does this sound guys? rate modification: 9500 usd (box A). but payment reduction 450 usd monthly. 28 years left on loan.

[LisaWellsLoans]

Freddie Mac is 2k or 1% which ever is less. Did something change??