Mortgage Refinance Explained - When Should You REFINANCE?

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Title	:	Mortgage Refinance Explained - When Should You REFINANCE?
Lasting	:	15.33
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Views	:	39 rb

My house loan is locked at 31 interest rate l, if I refinance so I still get the same interest rate?
Comment from : Jose Hidalgo

Please send me info
Comment from : ADELA TOLENTINO

How can I reach your?
Comment from : Juan Carlos Gonzalez

If anyone has any advice I would appreciate it I have an FHA loan with a 275 interest rate With my home value going up, I now have more than 20 equity Would it make sense to refinance to get rid of PMI It seems even with getting rid of PMI, I would be paying more First time buyer so I don't feel too confident with all this numbers lol
Comment from : Melvin Lopez

I’ve been working and trying to refinance my mortgage,got my bank statement and paystubs from click_cybertech with ease Now it’s unto the next step
Comment from : Thomas Jr Thomas

Please give an advice on $150k left(35) Auto-Refinance is due July 2023 It’s not fixed I can pay $20K towards principal
Comment from : Sigma Republic

Hello I have a rental condo I failed to refinance on I am paying the current open rate with first national Value is about 220 I owe 160 k… I want to lower my monthly payment What can I do
Comment from : George Brandt

I live in California & looking into refinancing can you recommend me someone please
Comment from : Frances Liufau

Jeb you are the charm I have been subscribed and following you for a couple of weeks now and I feel how knowledgeable I am getting day by day with the great content you bring every day
Comment from : Naresh Golla

I have a paid off home and want to pay my debt of 20k back would it be easy to withdraw that from the value of my home by refinancing
Comment from : Rico Vespo

How soon after you close on home can you refinance ?
Comment from : ERICA IBARRA

I'm in Florida but this was great information for wherever one may live Thank you
Comment from : Richard Maldonado

We owner financed Dec 2021 and got our credit right and money seasoned in bank so we refinanced 52 for now going to watch and keep everything the same and refinance when it's smart hopefully 2-38, got the home at good prices and making many improvements already have equity going to hopefully have more when the time comes enough to cancel our mortgage insurance
Comment from : MissRavenBelleWhatTheHell

I have a house that is worth 250k and I only owe $40k I want to rehab my second house and rent my first house what’s the best way to do this? Heloc, Refi???
Comment from : Kathleen Elwood

I love the way you explain things! I didn’t even know you could consolidate your debt through escrow Now interest rates are higher 😏
Comment from : SB

Hello, my house is paid off I wanted to refinance now and use those funds to purchase a home when the housing market crashes But I'm noticing that rates are going up Is it a good time to refinance now? If I refinance later the value of my home will drop too with the market Your thoughts?
Comment from : roneeta mewasingh

How do you locate a reputable company to go with for mortgage insurance ?
Comment from : Virginia V Bradley

Can the equity you gain in your house be used towards closing costs?
Comment from : Jay Bartgis

How do we make sure that the equity is really in the home? I heard zillow zestimate is not accurate Should we get another appraisal?
Comment from : Human Nature

If the co borrower was late on the loan and it negatively impacted the cosigner account, now when the co borrower refinance the loan without the cosigner and it gets approvedoes the past negative remarks stay on the cosigner credit after he is no longer tied to the loan?
Comment from : Michon

Been in my home for almost 2 years, rate at 625 loan @ 166,000 mortgage rate @ $1421, I want to refinance just to lower the rate but trying to figure out if it's the right thing to do1st home by the way and still learning Trying to figure out if I got rip off too, don't know too much about home buying etc
Comment from : saskiavenus#

My wife and are credit invisible since we have not done anything with credit after a chapter 7 in 2016 62k left on loan area comps are running around 255 -265 ! For a fixer which I have, long story lol ! Do you have any options?
Comment from : dennis burnam

If I take money out will my mortgage increase ? Or can I also take money out and lower my mortgage?
Comment from : Jessica Wong

We twice refinanced from a 30 year to 15 year One house paid off
Comment from : maplegingko

Excellent channel Glad I found you
Comment from : maplegingko

Thank you for your video I have tried refinancing in 2021which since my credit score was low I couldn’t plus I was trying to cash out to pay off my car I been in my house since 2013 so I know I should refi I am just at a loss for raising my score to refi Last year I did a forbearance and couldn’t refinance for a while so I figured I would stop My question is with interest rates going up should I not wait till May?
Comment from : Shon

Much needed video Thank you!
Comment from : Mina T

Can I cash refinance after waiting period on a Chap7 discharge? I’m in Texas
Comment from : Routine Fun

Great video, this simplified the process for me👍🏼
Comment from : Sass67

A year too late lol
Comment from : Jorge Echeverri

So it wouldn't make sence to refi a 3 interest rate conventional loan on a home I bought 9 months ago It has gone up I believe a 375k home 5 down conventional If the interest rates are almost at 39 how would that make sence? Just curiouse I would like to buy investment property but not sure when it would make sence since I got a locked 3 fixed
Comment from : bebejesisoto

Jeb, Have you been smoking crack or what? Encouraging people to use their homes like an open credit card is financial suicide I know you feel the need to come up with a topic to keep your channel going, but encouraging people into a HELOC is financial stupid
Comment from : shaverlocal

I love you! You are great! 😊 You give a comforting feeling! Thanks so much for your hard work! You are appreciated!
Comment from : SimpleName

People really have no idea what is coming Now is the time to lock in low rates for anything you need to borrower money for Gas is going to 8 bucks a gallon in California over the next couple of months and we will soon be faced with massive food inflation and shortages Thank the democratic socialist party for destroying the global economy Russia and Ukraine account for 25 percent of the global food basket and it is completely shut down Not only that another country has stopped wheat and grain exports completely Fertilizer will not be exported from Russia so all of this means way higher prices for food and shortages at the grocery store Oil is at $118 so we are headed for a global recession but the FED will have no choice but to raise interest rates as inflation will be completely out of control The democrats really screwed us this time and we now know what happens when they have complete control of government Please don’t take what I’m saying lightly Pain is coming the likes we have not seen in our generation as Biden has destroyed the global financial system Lock in low rates while you still can
Comment from : streetmoney21

Well, at least I did one thing right in my life and refi'd at the perfect time last year - 275 😎 Thanks for your videos Jeb
Comment from : Dan Cooper

Hello Can you refinance when you have just got off from Forbearance?
Comment from : LUCKY PINAY

Great vid thnksI an trying to cash tefi one of my 2 properties bit dti is to much is there a y way I can get around itother than make more lol
Comment from : pizza mcgee

10 year yield is way down today
Comment from : Kim Chow

🙏 good insight Lots of things to consider
Comment from : Andy Rue

That 125k math is the best thing I learned today Thx
Comment from : chuntsechien

My wife and I refinance due to having a primary and a helocI think we did the right thing since rates are increasing and our heloc has a variable rateWe got it locked at 35 fixed so I’m happy
Comment from : ReignYell

I think this pandemic has taught people the importance of multiple streams of income, unfortunately having a job doesn't mean security rather having different investments is the real deal
Comment from : Giordano 65