Mortgage Myths
OzQuesuest Facts on the Mortgage Refinance Process
If you're considering refinancing, you're probably getting a lot of well-intentioned advice. As an OzQuest customer, a lot of what you're are hearing will not apply. Here are the Ameriquest facts behind some of the most common mortgage refinance myths:
MORTGAGE MYTH #1
It will take at least three months to refinance.
OzQUEST FACT
Unlike other mortgage companies we can often fund your loan in as little as two to three weeks.
MORTGAGE MYTH #2
Refinancing requires me to complete lots of paperwork.
OzQUEST FACT
At OzQuest A Personal Mortgage Specialist walks you through the entire process, explains what information you need to provide, and then fills out all of your paperwork.
MORTGAGE MYTH #3
You should only refinance when interest rates are at their lowest.
OzQUEST FACT
Even when rates are not at record "lows" refinancing makes good financial sense if you can pay off high-interest credit card debts and lower monthly payments.

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