Kenneth Wong

Recent Posts

Mortgage 101

Terms to Know When Refinancing your Mortgage

May 07, 2015 / Posted by Kenneth Wong

Getting a loan is enough of a task. Understanding the terms doesn't have to be. However, understanding common terms used in the real estate industry is vital in order to close a deal with the best terms for yourself. Don't make the mistake of confusing an ARM with a Fixed Rate mortgage or a Discount Point with an Origination Point - the financial consquences can be quite large.


How To Prepare To Refinance Your Mortgage

May 04, 2015 / Posted by Kenneth Wong

You've made your decisions, you've done your homework. Now it's time to refinance!Here are a few things you can do after you've done your homework to prepare to refinance. You will need to collect information, documentation, and be aware of your personal financial goals in order to lock in the best possible deal.

Mortgage 101, Refinancing

How Much Should You Spend to Refinance Your Mortgage?

April 30, 2015 / Posted by Kenneth Wong

There are a variety of other lesser known costs associated with refinancing a mortgage or getting a purchase loan. These costs tend to add up and can impact your decision on whether or not to refinance. You should analyze the potential savings from a refinance versus these costs with respect to your time horizon in order to make a sound decison. We've included a few of the most common items and their price ranges below.

A Guide to Common Refinancing Costs

Mortgage 101, Credit & Debt

Demystifiying Your FICO Score

April 23, 2015 / Posted by Kenneth Wong

Your FICO score is a number that is created by credit reporting agencies in order to allow potential creditors to assess your credit-worthiness. This score is a huge determinant of what types of debt that you will be able to secure, as well as the terms and rates associated with your debt.


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