What Are The Different Types Of Mortgage Refinancing? - Mortgage Advice W/Mortgage Loan Officer

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This is a clip from Episode #48 of the Morales Group Show. Mortgage rates 2021 W/ Loan Officer Martha Salas. Martha talks about the Most Common Types of Mortgage Refinancing!

Jose Luiz Morales
CalBRE #: 01891119
601 Daily Dr Ste 102,
Camarillo, CA 93010
805.228.4672

What Is A Mortgage Rate:

Mortgage Rate Indicators:

How Mortgage Rates Are Determined:

How Does Refinancing Work:

"When you refinance, you replace your current loan with a new one. Depending on interest rates, your financial criteria and what you hope to accomplish, refinancing can help you: Lower your monthly payments, reduce the amount of interest you pay over the life of a loan, pay your loan off faster & use your equity to pull out cash.

More About Martha:

Martha has worked in the mortgage industry for almost 40 years, holding positions from entry level to management and sales, and becoming a highly respected model and mentor in her profession. She has a lifelong interest in community work, serving on numerous boards, including running for Santa Barbara School Board. She has an innovative spirit, intelligent focus, years of experience, and a desire to help people. She demonstrates this daily through working to help people achieve their potential through education and homeownership.

About this video:
In this video Martha Salas talks about the Most Common Types of Mortgage Refinancing. In the original interview She also talks about interest rates today in California & how mortgage interest rates have changed in the past couple of years emphasizing in the significant mortgage rate drop in 2020.
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I am looking to refinance, I did not know I had that many options

Leticiaagr