Question

 What is refinancing a mortgage?

Answer 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

Top Q&A For: What is refinancing 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 »
http://www.answerbag.com/q_view/2232165

How would you go about refinancing a home mortgage?

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

How to Remove a Name from a Mortgage Without Refinancing?

Removing a name from a joint mortgage is most easily done by refinancing or selling the property. However, if refinancing is not possible, there are ways to remove a name from a mortgage. Since mor... Read More »
http://www.wikihow.com/Remove-a-Name-from-a-Mortgage-Without-Refinancing

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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