What happens when you refinance a mortgage?

Answer 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 »

Top Q&A For: What happens when you refinance a 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 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 »

Should I Refinance to Get My Ex Off the Mortgage?

Cottontail rabbits and snowshoe hares are both native to North America. In some central regions, such as southern Canada, their ranges overlap. Both mammals are most active during the night and the... Read More »