Top Mistake People Make When Applying for a Mortgage | Home Loan Application Mistakes

< object kind= "application/x-shockwave-flash" design= "width:425 px; height:355 px;" data ="// www.youtube.com/v/Gmp11B-GtNg?color2=FBE9EC&version=3&modestbranding=1" >< param name= "flick" value="// www.youtube.com/v/Gmp11B-GtNg?color2=FBE9EC&version=3&modestbranding=1"/ > Top Blunder Individuals Make When Getting a Mortgage|Home mortgage Application Mistakes.

Rich Conlon with Atlantic Coastline Mortgage joins property representative and Realtor Matt Leighton to discuss the top blunder individuals make when they obtain a home mortgage.

Abundant Conlon
Atlantic Coastline Home loan
Finance Police officer
703-217-9004
rconlon@acmllc.com

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Timestamps:
1:25 – Primary mistake when obtaining a house mortgage

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Matt Leighton – Arlington VA Real estate agent
Matt [at] Orange Line Condo dot com
http://rhlarlington.c21redwood.com/
Century 21 Redwood Realty
1934 Wilson Blvd
. Arlington, VA 22201.
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Refinance Your Car Loan With Better Interest Rates

Auto loan refinance rates and whether or not to refinance your car loan is a hot topic and may be something you are considering. Nobody likes to pay high interest rates regardless of how rich or poor you are and how nice or beat up your car is. While auto loans are certainly among the top debt obligations many households face, it is vital you consider whether or not you truly will benefit from refinancing your auto loan.

Generally when you refinance your car loan you swap a new car loan for a used car loan rate. With a used car loan rate 1 or more percentage point higher whether or not refinancing is beneficial for you will be determined by you situation and the terms and rate of your current auto loan

The first step you want to take toward determining if refinancing is right for you is reviewing your current loan document. You want to make sure there are no prepayment penalties. In addition, you do not want a loan where interest is calculated based on the lender collecting three-quarters of a loan’s interest in the first half of the loan term.

There are several web sites and links online that can help you calculate auto loan refinance rates. Bankrate is one such site that can help you determine how the interest on your loan is computed. In addition to this, you can also shop different rates on sites like HSBC to find the best deal for you.

When you refinance your car loan you want to desired results. Number one is a reduction in the interest rate compared to your current loan. The second is you want the terms to not go beyond the time of your present loans repayment schedule. If you are unable to achieve either of these then refinancing may not be for you.

Another consideration is your credit history since you original car loan was taken out. If there is anything that is negative this can lead to higher auto refinance interest rates. Instead of benefiting from the refinance, the higher interest rate can actually hurt you and increase your car loan. But if your credit has improved, the opposite is also true, you can expect a low car refinance interest rate.

There are advantages and disadvantages to refinance auto loans. It is something you must look at carefully; otherwise you could end up paying more than you already are. Take into consideration some of the things listed in this article to help you determine whether or not you can receive a positive auto loan refinance rate.

Get More info & tips on refinancing car loans go here Refinancing Auto Loans Also visit Low Auto Loan Refinance Rates best auto loans, refinancing auto loans with bad credit and more.