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Refinancing a loan is a way to lower one's interest rate and monthly loan repayment, but it isn't always a good idea. One should speak to a loan officer for advice on if one should refinance.

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Q: How can one begin to refinance a loan rate?
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Where can one refinance a mortgage loan home rate?

One may refinance a rate for a home mortgage loan at BMO. The Bank of Montreal has mortgage specialists that are very helpful in helping people get the best rate for their current financial situation.


What are the average rates to refinance a used car loan?

There are several average rates to refinance a used car loan. The average rates to refinance a used car loan are 3.63%, 3.74%, and 4.61%. The rate that one is given depends on their history, type of vehicle, and location.


Where can one get a loan for a first and second refinance mortgage?

One can get a loan for a 1st and 2nd refinance mortgage from several places. These places include Bank Rate, Wells Fargo, Lending Tree, and Bank of America.


Who does one talk to to refinance a loan?

If you want to refinance a loan, discuss it over with the company/people who you had a loan with in the beginning. Whoever you financed a loan with first, refinance with them again.


How can one refinance a car loan with Capital One?

There are many ways one can refinance a car loan with Capital One. One can refinance a car loan with Capital One by applying at the official Capital One website.


What does it mean to refinance a mortgage or loan?

To refinance a mortgage or loan means to replace an existing loan with another loan. The new loan usually has better terms, such as a lower interest rate. The new loan is used to pay off the old loan, and one makes payments under the new terms.


Where can one find a calculator to advise whether to refinance their loan or mortgage now?

There are many websites whereby one can find a calculator to advice whether to refinance their loan or mortgage now. These websites include "Zillow" and "Bank Rate".


Where could one refinance a car loan online?

One would want to shop around on sites like e-loan and Bankrate first to get the current car refinance rate. Refinancing right now for lower interest rates can also get you a lower monthly payment. Once one has shopped around for the lowest current rate, then they can go to the site Capital One Auto Finance and refinance their car loan online.


How would one find the best refinance mortgage rate?

The best refinance mortgage rates can be sought after from the following online resources: Quicken Loans, Mortgage Loan, Bank Rate, E Rate, Best Rate, and the Lending Tree websites.


Where can one refinance their auto loan?

One can refinance their auto loan at any bank. One simply has to apply for an auto refinance loan. It is important to compare all of the available options; that way a lot of money can be saved.


What are the requirements for an FHA refinance loan?

An FHA refinance loan is a service offered to individuals with mortgages. It is capable of reducing one's interest rate. To be considered for this program, one's mortgage must already be FHA insured and no cash may be taken out of the mortgage.


How can one save by refinancing their mortgage?

It is best to refinance a mortgage, only if you will save at least 2% on the interest rate, or if you will significantly shorten the term of the loan. One can also save money if one converts from an adjustable rate mortgage to a fixed rate loan.