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Bankruptcy Can Prevent You From Refinancing Your Mortgage – Even With A Credit Score Of 700!?

Don Taylor, over at Bankrate.com, recently received a question about Bankruptcy and mortgage refinancing that I think is a poignant reminder of how serious bankruptcy is and how long it can follow you.

The reader writes to Mr. Taylor and pleads his case:

We have about 60 percent equity in our home. We both have credit scores [...]

How to Save on Mortgage Costs, Including Refinances.

Closing costs for a home range from 3-6% on average, and most lenders require at least and additional 5% down payment.

My wife and I have bought two houses, sold one house and refinanced once. Here’s how we’ve saved on our closing costs, mortgage and more – and you can too!

Have the seller pay the closing [...]