There are many different options when it comes to refinancing. This includes finding ways to lower monthly mortgage payments or shortening the lifetime of a mortgage. Our Home Loan Experts are here to help homeowners discover which way of refinancing is the best for them. Get started today. http://nani.gs/HvkWTn | Quicken Loans
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28 reactions · 5 comments | Did you know that you can refinance...
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“Refinance is when mortgage refinance companies come in… they buy a portion of the mortgage portfolio from banks, give them liquidity, and free up their books so they can create more mortgages. That’s how refinance works. PMRC will package the mortgage portfolio and turn it into units—just like stocks—that investors can buy. The mortgages’ collateral is backed by repayments, generating profit for the investor. That’s the securitization structure.” Mudassir H. Khan, MD & CEO of Pakistan Mortgage
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