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 What are the guidelines for refinancing your home?

Answer To refinance a home, a borrower must meet certain requirements. These vary based upon the type of loan chosen, whether it is a conventional or a government loan.SignificanceLoan guidelines help a l... Read More »
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Top Q&A For: What are the guidelines for refinancing your home

Is taking out a home equity loan or refinancing a home better?

On One Hand: Cash-Out RefinanceA cash-out refinance is best if interest rates have fallen since you took out your mortgage. The cash-out refinance will lower the interest rate on the entirety of yo... Read More »
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When refinancing a home will they ask you to make repairs on the home?

not usually...if they require an appraisal for the new loanthey will come out and appraise the home and they will value it as it is
http://answers.yahoo.com/question/index?qid=20120404152814AApGogX

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 »
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What does refinancing your home do?

When you refinance your home you are restructuring the terms and conditions of your mortgage loan. Most people refinance to receive more favorable terms and save money.SignificanceRefinancing can h... Read More »
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