Refinancing NON-QM To Conforming Loans Due To Low Mortgage Rates

Refinancing NON-QM To Conforming Loans Due To Low Mortgage Rates. Mortgages/refinancing for dummies

Refinancing NON-QM To Conforming Loans Due To Low Mortgage Rates video duration 4 Minute(s) 12 Second(s), published by Gustan Cho Associates on 05 06 2019 - 21:02:09.

Refinancing NON-QM To Conforming Loans Due To Low Mortgage Rates Mortgage rates hit the highest levels in 2018 since the 2008 Housing Bubble and A brief showing of Mortgages of Canada on various media outlets talking about Mortgage Brokers, Home equity, reverse mortgages and refinancing.

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Refinancing NON-QM To Conforming Loans Due To Low Mortgage Rates

Mortgage rates hit the highest levels in 2018 since the 2008 Housing Bubble and Credit Collapse.

Many home buyers closed on their home loans with non-qm loans at high mortgage rates
NON-QM Loans are alternative forms of financing for borrowers who cannot qualify for government and conventional loans
There is no waiting period after bankruptcy and/or foreclosure to qualify for non–qm mortgages
Also, borrowers with late payments in the past 12 months can qualify for non-qm loans
NON-QM loans have higher mortgage rates than government and conventional loans
NON-QM Mortgages act as a bridge temporary form of financing for borrowers who cannot qualify for conforming loans to be able to purchase homes in a hot real estate market
With the recent news that the FED will not increase interest rates for 2019, mortgage rates hit a 13 month low
With low mortgage rates and rates dropping, non-qm borrowers should think of refinancing non-qm to conforming loans this year

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