When Refinancing Your Home What If It Doesn't Appraise?

Answer Homeowners may be able to save a lot of money by refinancing their mortgage, but they must meet the requirements set up by their lender. The basic requirements include getting an appraisal of their... Read More »

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What to Do If Your Home Doesn't Appraise for As Much As You Think It's Worth?

For those who are selling or refinancing a home, the home appraisal is of vital importance. A low home appraisal may prevent a seller from selling the home at the desired price or may derail a refi... Read More »

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 »

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

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 »