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North Carolina Mortgage Expert Reveals the Truth About Mortgage Refinancing

Mortgage refinancing secrets revealed by Raleigh, North Carolina based Mortgage Broker Kevin Martini at a new web site that is designed to give North Carolina residents all the facts about mortgage refinancing so they can make an educated decision when obtaining a mortgage. The site is full of free reports, a home buying guide and free mortgage calculators.


Raleigh, NC -- (SBWIRE) -- 01/07/2013 -- It seems like everyone in North Carolina is jumping on the mortgage refinancing bandwagon. Maybe you're thinking about it yourself? After all, with rates as low as they are, the promise of lowering your monthly payments, sometimes significantly, is a great attraction for many homeowners.

"With refinancing as popular as it is right now, North Carolina residents have to be even more careful about shopping for the best loan," says Kevin Martini, a Raleigh, North Carolina based mortgage consultant. "Even the most attractive offer can wind up being a disaster once you realize how much the loan is really costing you."

But before you sign on the dotted line, there are a few things you should know about the way refinancing works so you don’t make a mistake that could wind up costing you big time.

Martini offers these tips when considering refinancing:

- Consolidating unsecured debt with a refinance loan can be a dangerous idea. You may not be in financial trouble now, but if in a few years things change, instead of simply missing a credit card payment or two, you'll now be in danger of losing your home as well.

- Your credit score counts... big time. If you've had credit problems in the past like a bankruptcy, it might make sense to wait a while for your credit score to recover before trying to refinance. Most lenders make it hard for people with less than perfect credit to get the best deals. But, again, if you choose to let an expert like a mortgage broker get involved in the process, they can often find loan options that most homeowners didn’t even know existed which can save you thousands over the long haul.

- You should get a significantly lower rate for refinancing to make sense. Don't rush to refinance unless it's truly worth your while. If you're working with a mortgage broker rather than going it alone, you can be assured that they're bringing you the best offers out there. If you're going it alone, you'll have to do the legwork for yourself.

About Kevin martini
Raleigh, North Carolina - based mortgage expert Kevin Martini specializes in providing mortgage information to North Carolina residents that allows them to learn the insider secrets that can save them thousands of dollars over the life of their loan and make informed decisions about their mortgage financing options.

Kevin Martini is available for interviews and will welcome all your mortgage related questions.

Call 919.865.2473 for a Free No-Obligation Consultation or visit http://kevinmartini.com