Epolicy Network

Retirement products are a key element of overall financial plans. When creating financial plans, both individuals and companies must address the issues of cash management, risk management, and wealth accumulation. Financial plans for individuals must also address the need for financial independence and estate planning.

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Your loan officer will have the current interest rates available for the loan program you’ve chosen. These rates, and the term (how many months) of your loan will determine your new monthly payments. Subtract the new monthly payment from your old monthly payment. For example, $980.00 (your old payment) minus $720.00 (your new payment) = […]

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That depends on how long you plan to stay in your home. If you decide to move in a few years, the monthly savings you might obtain by refinancing may never add up to the costs you may have to pay to refinance your home. On the other hand, a “no cost” or “low cost” […]

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Many factors come into play when making the decision to refinance your existing mortgage. You need to ask some important questions: How much lower should my interest rate be for refinancing to make sense?; Can I qualify for a lower rate?, How long will it take for me to recoup the costs of the loan?; […]

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For most people today, refinancing often makes good sense. Why? For many people, today’s mortgage rates are much lower than the rates they’re currently paying. If this is your situation, you may be able to save a substantial amount of money by refinancing your home loan.

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Possibly one of the most popular, yet misunderstood forms of alternate financing is the adjustable-rate mortgage. Usually referred to as an ARM, its popularity with borrowers is due to a lower interest rate than a fixed-rate loan. It is popular with the lenders because the ARM shifts the risk of interest rate fluctuations to the […]

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