I’m refinancing, do I have to make my current mortgage payment?

Learn what earnest money is in real estate and why it’s important in home buying. Discover how it protects buyers and sellers during the transaction process. Read more

Learn what LTV, CLTV, and HCLTV mean, and what impacts the maximum amount you can cash out when you refinance. Read more

Find out how appraisal transfer applies when getting a new mortgage, who orders the appraisal, and what lenders consider when reusing a recent appraisal report. Read more