http://nimcorp.com Low Cost Mortgage Refinance | Low Cost Refinancing Tue, 27 May 2008 17:41:15 +0000 http://backend.userland.com/rss092 en Home Equity 101. Most people who buy a home will, at some point, refinance. Refinancing is a service that is typically paid for by the customer, and it basically gives you a loan for a newly appraised amount instead of the original amount. The old loan is then swallowed by ... http://nimcorp.com/low-cost-mortgage-refinance/ There are many varying types of mortgages on the market today, the latest spike in interest in super jumbo mortgages (especially in Minnesota) is proof of this. Today we'll be talking about interest only mortgages. An interest-only mortgage is similar to a balloon mortgage in that it allows the borrower to ... http://nimcorp.com/pros-cons-of-interest-only-mortgage/ Buying a home isn’t something most people do on a regular basis. You may be new to the entire process so it’s no wonder many first time homebuyers are terrified they’ll mess up the biggest purchase they’ll ever make in life. The golden rule of super jumbo purchases (and mortgages are ... http://nimcorp.com/becoming-a-master-of-mortgages/ For a number of reasons, it is possible that the total owed on your home may be more than what the home is worth. Most of the time, this isn't a problem because time is the solution. Depending on how much you owe, just be patient and the value of ... http://nimcorp.com/when-you-cant-refinance/ At any point in time, you might find that the deal you once got on a loan would better serve you if it were refinanced with new loan obligations.  Second mortgages are a way to refinance your debt to help you achieve the financial security you strive for. Many homeowners often ... http://nimcorp.com/second-mortgage-to-refinance-debt/