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No, you should keep the equity in your home

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11y ago
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Q: When you refinance your home do you lose your equity?
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Related questions

Where can one find online home equity vs refinance discussions?

The Bankrate website has a lot of information regarding home equity versus refinance discussions. Use the search function for "Refinance vs. home equity loans" for a list of results.


What are the advantages of equity refinance?

Some advantages of using equity to refinance is that one can take a small amount from their equity to pay off other bills or to refinance ones mortgage. One can also use ones home equity to make home improvements.


Can you refinance home equity loan without touching the first loan?

That's what a refinance is changing the terms. However, if you have equity, can get a 2d as alternative.


Where can one get refinance or home equity loan?

You can get a refinance or home equity loan from banks such as Chase. Alternatively, you can also get this loan from the Bank of America. You can apply online at their respective websites.


What are the advantages of equity?

Some advantages of using equity to refinance is that one can take a small amount from their equity to pay off other bills or to refinance ones mortgage. One can also use ones home equity to make home improvements.


Where might one learn more information on how to refinance home equity?

One can learn more information on how to refinance home equity on various online sites. Some online sites like BankOfAmerica, BankRate, and CapitalOne provide information on refinancing home equity.


Where can one find a company to refinance a home equity loan?

There are a lot of companies to refinance a home equity loan which can be found on the internet. For example: Lending Tree, Quicken Loans, Bank of America, Chase, US Bank, Refinance, Citi Mortgage.


What is the difference between a refinance and a home equity loan?

There are many differences between a refinance loan and a home equity loan. These include differences in costs, loan structure, interest rates and accessing your money.


Can your refinance if you don't have the equity in the house?

It may be possible to refinance your home if you do not have equity. I have done many of these loans. There are currently programs for both Freddie Mac and Fannie Mae that will allow you to refinance even if there is not equity. There are Loan to Value limits, but they are well over 100%.


Can I get home equity with Mortgage Refinance Debt Consolidation?

I think you probably can get home equity with mortgage refinance debt consolidation. You will need to sit down with your lender in order to get the refinance done. It's almost like applying for a mortgage all over again.


Would you be able to do a refinance with a cash back loan?

If you have enough equity in the home.


Can I refinance my mortgage if I have low equity in my house?

Yes it is possible to refinance your house if you have low equity. But you must have at least 20 percent equity before your refinance will be apporoved.