Question

 How would you go about refinancing a home mortgage?

Answer When a borrower needs to refinance his mortgage, several factors come into consideration. Is it a financially viable idea? Will the new debt be affordable, if I cash out part of my equity? Will the... Read More »
http://www.answerbag.com/q_view/1901352

Top Q&A For: How would you go about refinancing a home mortgage

What is the biggest drawback of refinancing your home mortgage?

The biggest drawback of refinancing your home mortgage is the closing costs that you have to pay as part of issuing the new loan.Why Refinance?People usually refinance their home mortgage to take a... Read More »
http://www.answerbag.com/q_view/1897100

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 »
http://www.answerbag.com/q_view/2232165

What is refinancing a mortgage?

To refinance a mortgage is to replace the old mortgage debt with a new debt that pays off the old loan in full upon closing. A borrower can refinance to take advantage of lower interest rates or to... Read More »
http://www.answerbag.com/q_view/1899868

Mortgage Refinancing Pitfalls?

Refinancing a mortgage could save you money, but some situations can drastically reduce any immediate savings you hope to gain. A slump in the housing market, the length of time you've been paying ... Read More »
http://www.ehow.com/list_7366335_mortgage-refinancing-pitfalls.html


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