Mortgage Refinansing Help

Mortgage Refinancing Help: Kentucky

“Stick with a simple loan. It is easier to understand and less likely to get you into trouble. Adjustable-rate mortgages may seem like a way to get a bigger house now or to keep more money now, but when the rates adjust you can get into trouble. Avoid anything with a balloon payment. Just choose a simple 30-year mortgage you can easily afford.”

Mortgage Refinancing Help : Business: Accounting: Firms: Accountants: North America: United States : Kentucky (10)

Refinancing a mortgage means the owners are paying off their existing mortgage and replacing that mortgage with a new loan. Generally, the costs associated with mortgage refinancing are rolled into the loan, meaning they are added to the existing balance, increasing the loan amount.

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Regional: North America: United States: Kentucky: Business and Economy: Financial Services (7)

Mark E Clark, CPA, PSC »
Offering accounting and business consulting services. Includes firm profile, newsletter, calendar, calculators and planning tools. Based in Somerset.

DMLO Certified Public Accountants »
CPAs offer accounting, auditing, tax services, general services for emerging businesses, consulting, and specialty services in Louisville, Kentucky.

Rudler & Associates, Inc, CPA's »
Fort Wright firm. Includes shareholder biographies and description of services.

Johanna Fox, CPA, Inc. »
Mayfield accounting firm provides income tax, bookkeeping, and payroll services.

Dean Dorton Allen Ford »
Professional services firm offering accounting, tax and business consulting services.

Blythe, White & Associates, PLLC »
Paducah firm with specialties in healthcare, business valuation, and financial planning. Includes description of services, links, and staff biographies.

Hurley & Company, PLLC »
Offering bookkeeping and payroll services, electronic individual and business tax returns preparation, and small business startup consulting. Includes company profile and office hours. Based in Elizabethtown.

Amick & Company »
Includes firm profile, newsletter, information center and financial tools. Located in Louisville.

William W. Hollister »
Certified Public Accountants and business consultants offering accounting and consulting offices in Louisville, Kentucky.

Stivers & Associates, CPA's »
Lexington firm specializing in taxes, financial planning, auditing, and bookkeeping services.

If there are only a few years left on your current loan, it's no use refinancing with a long term loan. You may need extra cash but with a long term loan, you'll end up paying more for the entire loan term.

Be Inquisitive. It's your responsibility to make sure that you understand the terms of your loan. Ask questions and listen carefully to the answers. Don't sign your loan documents until you are satisfied with the information and confident that you have made the right decision.

Get your interest rate and closing costs in writing as soon as you decide on a lender to work with. Get your lender to give you a commitment in advance of all of the costs that will be involved with your loan. Find out if the refinance loan you are getting has a pre-payment penalty as well. Sometimes lenders will leave out important information like this, if they think it might scare you away from refinancing with them.