Most Common Mistakes People Make When Refinancing a Home

With interest rates fluctuating, many homeowners are considering refinancing, but it’s essential to approach this decision with caution. People often ask us about what they need to know so they can avoid making any mistakes during the pro-cess.

From paying unnecessary points to chasing misleading online rate quotes, Bill walks through real-life examples and highlights the importance of doing the math before making a move. We’ll explain why it’s critical to understand the full cost-benefit picture and emphasize how working with a knowledgeable, transparent lender can make or break your experience.

Here’s what we discuss in this episode:
📉 Are you refinancing for the right reasons?
💰 The truth behind "too good to be true" interest rates
🧾 Understanding loan estimates and recoupment periods
🏡 Common missteps first-time buyers make

0:00 – Intro
1:39 – Understand your total costs
6:00 – Another mistake
7:38 – Homebuying mistakes

#refinancing #homebuying

Want to learn more about mortgage lending? Please subscribe to our channel and you won't miss a video ➟ https://bit.ly/3KbUxAF
_______________________________
CONNECT 🤝
Facebook:   / billlittonlendus  
Twitter:   / wlitton76  
LinkedIn:   / bill-litton-45082b34  
Zillow: https://www.zillow.com/lender-profile...

_______________________________
CONTACT ☎
Website: https://smartmortgageshow.com/
Phone: 484.352.4151
Email: [email protected]
Appointment: https://calendly.com/blitton/30min?mo...