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Mortgage Refinancing Help
: Business: Accounting: Firms: Bookkeeping and Tax Preparation: North America: United States
: Pennsylvania (6)
 Give yourself plenty of time to close. With most refinancings, your file is turned over to a closing or title company, which dictates the closing details. Like the lenders themselves, these firms are swamped when interest rates are low. Moreover, appraisers get backed up and can be difficult to schedule. So don't expect the closing to happen as quickly as anyone promises.
 The Morley Group, Inc. »
Morton, PA accounting firm.
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 ABC Taxes, Inc. »
Tax preparation plus accounting, bookkeeping and consulting. Owned by a retired Internal Revenue Service Agent.
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 Freeman and Company, Inc. »
Exton, PA firm offering accounting, tax return preparation and financial services.
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 Dennis Piper & Associates, P.C. »
Provides accounting, tax, payroll, estate, financial planning, retirement, and bookkeeping services in the Pittsburgh, Pennsylvania area. Also are QuickBooks certified consultants and trainers.
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 CPA Tax Store »
Offers tax expertise to small businesses and rental real estate owners. Located in Lancaster, PA.
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 Small Business Computer Services »
Provides financial services to small businesses and individuals. Includes services.
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 For both new buyers and refinancers, it's important to understand what a no-cost mortgage loan or a no-cost refinance loan really means. "No cost" does not mean that closing costs (also known as settlement costs) have been erased. It means that the closing costs will be factored into the interest rate associated with the loan. Of course, this also means that, all other things being equal, the interest rate associated with a no-cost mortgage will always be higher than one where the borrower pays the closing costs up front.
Fees are a hidden cost of many mortgage loans. By law, lenders must disclose fees within three days of a loan application. Fees can go by many names like - document prep fees, courier fees, administrative fees, and more.
Once you know the reason for refinancing, you should ask your mortgage specialist whether or not it would be beneficial for you to refinance at this time or whether it may be more beneficial to wait.
The majority of your mortgage payment goes toward paying interest. To save an astounding amount of money over the long term, choose a mortgage loan with a lower rate and a shorter payback term. A 15-year mortgage may be just what the financial planner ordered. This type of loan carries a larger monthly payment; but if your budget can withstand the jolt, you can save big bucks over the long haul.
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