How soon can I refinance my mortgage loan?

Answer In most cases, there is not a waiting period on mortgage refinancing. However, some FHA mortgages require that the borrower own the property for a full 90 days prior to refinancing. Also, if the bo... Read More »

Top Q&A For: How soon can I refinance my mortgage loan

How soon can i refinance my car loan?

On One Hand: As Soon as You WantYou are allowed to refinance your car loan at any time. If interest rates have fallen since you first financed the purchase of your car, you may be able to save a si... Read More »

How to Approach a Mortgage Refinance Loan?

Home refinancing is a great way to lower your mortgage interest rate and reduce your monthly payments. However, if you’ve never gone through a home refinance, then there’s a ton to know. Before... Read More »

Is a cash-out refinance mortgage a non-recourse loan?

A non-recourse loan is secured against collateral. If the borrower defaults, the lender seizes the asset, and the lender can take no further action against the borrower, even if the value of the co... Read More »

What is the recommended loan to value ratio for a mortgage refinance?

The loan to value ratio (LTV) for a mortgage refinance is the amount of the loan divided by the value of the home. For conventional mortgages, the maximum LTV is 95 percent. For FHA mortgages, the ... Read More »