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Mortgage Refinancing Help
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: Appraisals (7)
 If your monthly payment on a fixed-rate loan includes escrow amounts for taxes and insurance, your payment each month could change over time due to changes in property taxes, insurance, or community association fees.
 See also:
 Equine Appraiser - Ashley Scattergood-Tooey »
Ashley Scattergood-Tooey
- A member of the ASEA, with 25 years in the horse industry, offering appraisals for attorneys, IRS, divorce settlements, estate planning, and those buying/selling. New Jersey.
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 Jill McEwan »
Equine appraisal and litigation support services. Offices in Illinois, Florida, and California.
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 Sterling Equine Appraisals »
Miniature Horses, English Horses and Western Horses professionally appraised. Certified by American Society of Equine Appraisers. Details of background and services. United States.
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 American Society of Equine Appraisers »
This site gives information on careers in the equine appraisal industry. There is information on seminars, as well as steps on how to become a member of the Society of Equine Appraisers.
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 North American Equine Services »
Certified horse appraisals. News, appraisal information, contacts.
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 American Equine Appraisers »
Providing appraisals, and litigation support services. Based in Texas.
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 TJS Equine Appraisers/Consultants LLC »
Certified appraiser. Includes credentials, fees, benefits and articles. Based in Saddle Brook, New Jersey.
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 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.
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.
Lenders like pristine credit reports. If you have a bunch of open credit card accounts that you never use (and who doesn't?), consider closing them. It will boost your credit score and make you a much more attractive borrower to a lender. Then, a month after you've closed your accounts, go over your credit report with a fine-tooth comb. It should read that the accounts were closed at your request. (You don't want lenders to think someone cut you off and that you're a bad credit risk.)
Close inactive credit card accounts to improve your credit score, making you eligible for lower interest rate loans. You will need to notify the credit card companies in writing that you wish the accounts closed on your request. Next, check your credit report after 30 days to be sure closed accounts include the comment "Closed at Customer's Request." You want future lenders to know it was your request and not bad credit that closed your accounts. Also, take the time to check for any mistakes in your credit report that could negatively impact your credit score.
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