What are the benefits of refinancing my home?

Answer A borrower can refinance his mortgage to adjust terms and rate, or he can use the equity in the home to pay other debts and receive extra cash at the closing table.SignificanceRefinance is the term... Read More »

Top Q&A For: What are the benefits of refinancing my home

What are the benefits of refinancing a mortgage?

When a borrower refinances his mortgage, he repays the original debt with a new loan. The new loan will have a different term and rate, and sometimes, a different loan amount.SignificanceA mortgage... Read More »

What are the benefits of a va loan when refinancing?

A Veterans Administration (VA) loan is a type of mortgage available to active military and veterans. A VA refinance allows a veteran to refinance his VA loan to lower the interest rate, change the ... Read More »

What is refinancing a home?

Refinancing a home refers to taking out a new mortgage to pay off the old mortgage. When contemplating a refinance, you have to weigh the costs and benefits, and know how much longer you plan to ow... Read More »

What is refinancing a home loan?

When paying monthly mortgage payments places a financial strain on individuals and their families or if homeowners wish to take advantage of lower interest rates, refinancing a home loan may be the... Read More »