Washington Mutual Home Loans
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Washington D.C. Interest Only Home Refinance Loans
What Is An Interest Only Refinance Loan? An Interest Only refinance loan, allows homeowners to refinance their home mortgage into a new mortgage loan, where they do not pay any principal on their loan - just interest. For example, if you own a home worth $250,000 and you currently pay $1500 per month, an interest only refinance loan may reduce your monthly mortgage payment from $1500 to $1000 - a savings of $500 per month. If you've had a life Read More... -
Washington D.C. Home Refinance Loans to Consolidate Your 1st and 2nd Mortgage
If you live in the Washington D.C. metro area (comprising of District of Columbia, Maryland Suburbs and Northern Virginia), you live in one of the most expensive regions in the country. You also live in one of the best areas to own real estate. Home values have appreciated significantly over the past 10 years, allowing some homeowners to double their home purchase value. With the average home priced at $300,000 or above - this is a great way to b Read More... -
Qualifying for Washington Home Loans: 3 Factors
To qualify for Washington home loans, you have to go through a loan application process. This process is usually standard across states. The rates for Washington home loans are, however, not as high as in some other states, so that's one thing to look forward to. But looking beyond rates, the loan application process is still the same. You'll still be required to meet the following conditions: Capacity to Repay All mortgage lenders would na Read More...
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