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My parents have had to refinance due to the monthly payments being unreasonable for the income. Refinancing is done through the bank. They come out and evaluate how much the house is worth and suggest options on payment.

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Q: How do people refinance there home loans?
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Can you please define refinance loans?

Refinance Loans are loans that are used from the equity in the home. the money from a refinance loan can be used to pay off bills or maybe you can have it set back for a day that it will truly be needed.


Should you refinance your car loans before or after you buy a home?

There is no set rule on whether or not you should refinance your car loans before or after buying a house. This is your choice.


What are some lenders that offer home loans?

I heard Ditech offers low mortgage rates on purchase or refinance home loans, your payments won't change after you refinance or buy a home, no matter how much rates fluctuate.


Are there any discounted loans for a separated person to refinance existing home?

Not available.


What type of finance can Aussie Home Loans provide?

Aussie Home Loans can provide financing for first time home buyers, people looking to refinance their homes, or people looking to invest in real estate. They offer both variable and fixed rate options.


What banking institutes offer home equity loans refinance?

Some banking institutes that offer home equity loans refinance include Lending Tree and Wells Fargo. You can learn more about their plans or sign up on their websites.


What kind of mortgages does Countrywide offer?

The types of mortgages that Countrywide offers are primarily home purchase loans, home refinance loans and home equity. They offer fixed rate loans and adjustable rate mortgages.


Where can one refinance Northern Rock personal loans?

One can refinance Northern Rock personal loans at any bank he or she trusts. One only needs to be a customer at this bank and can refinance any loans he or she desires to refinance.


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.


How can you refinance your loans in California?

One can refinance their loans in California in a variety of ways. One can research the topic on sites such as Quicken Loans, Zillow, California Harp Refinance, and Bank Rate.


How do I find out about FHA refinance loans?

FHA loans are for people who are buying homes that have low incomes. To get a refinance option it would need to be a regular loan because FHA is already as low as it will get.


Where is it possible to refinance a home mortgage if someone has bad credit?

There are many places a person can go to refinance a home mortgage if they have bad credit. Bad Credit OK and Quicken Loans are two websites a person can use to help refinance their home mortgage.