How often can i refinance my mortgage?

Answer A borrower can refinance his mortgage an unlimited number of times, however, doing so multiple times can eat up the equity in a home and cost the borrower more than it is worth over the life of the... Read More »

Top Q&A For: How often can i refinance my mortgage

Can you refinance a primary mortgage without refinancing a second mortgage?

It is possible to refinance a primary mortgage without refinancing a second mortgage by subordinating the second mortgage. Subordinating a second mortgage means you are filing a document so that th... Read More »

What happens when you refinance a mortgage?

Refinancing a mortgage is when homeowners replace their existing loans with one that is more favorable to them. Ideally, the longer you plan to live in your home, the more sense it will make to ref... Read More »

What does it mean to refinance your mortgage?

When you refinance your mortgage, you are taking out a new mortgage to pay off your existing mortgage. Several reasons to consider refinancing, according to the Federal Reserve, include getting a l... Read More »

Can I refinance my FHA mortgage?

FHA mortgages are insured by the government and thus put the lender at less risk in cases of default. There are many options for refinancing an FHA mortgage, depending mainly on the borrower's cred... Read More »