answersLogoWhite

0


Best Answer

The first step to refinancing is to get rates from a number of lenders, including the one currently holding your mortgage. Alternately, you could go through a mortgage broker who shops your specific situation around to banks and presents their offers to you. But either way, be careful. Even if your interest rate declines, closing costs and new governmental rules surrounding private mortgage insurance (PMI) may make refinancing a losing proposition.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How would one refinance their mortgage in Virginia?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Where can refinance rates in Virginia be found?

You can find refinance rates for Virginia online on the website of Bankrate. You can also find refinance rates for Virginia online at Zillow. Zillow has 12 different ways you can sort the different mortgage rates to see which one is best for you.


How can a person get a refinance mortgage?

An individual can get a refinance mortgage on their house by applying from one. Not everyone would be accepted though because their are some qualifications.


When should one refinance their mortgage?

One could refinance their mortgage when the interest rate decreases. However, one must also think the amount they have to pay to refinance their mortgage.


Where can one find companies that will refinance a home mortgage?

One can find companies that will refinance a home mortgage online. One may also be able to find companies locally that would have the ability to refinance ones home.


Where would one get a lead for a mortgage refinance on a home?

One could get a lead for a mortgage refinance on a home by simply going to their local bank and discussing the situation with them. There are also many sites for mortgage refinancing.


Where can one find a mortgage refinance lender in Detroit?

One can find a mortgage refinance lender in Detroit by going to websites such as Zillow. On websites such as these one will find a list of mortgage refinance lenders.


How can one refinance their mortgage?

One can refinance their mortgage through their local banks or credit unions. One can also refinance their mortgage through the help of websites, run by companies such as Lending Tree and Quicken Loans.


Where can one find the lowest refinance mortgage rates?

To find the lowest refinance mortgage rates, one would have historically had to shop around. However, with the advent of online comparison tools, this is the new one-stop shop for anyone looking to refinance.


What are home refinance options for one's mortgage?

There are many different home refinance options for one's mortgage. Some of the home refinance options for one's mortgage are: refinancing one's home through a bank, and doing the same online.


What are the benefits of a va refinance option?

"There are many VA refinance options. You may refinance your VA mortgage for a lower rate, you may cash out, or you may refinance your current mortgage to a VA mortgage if you qualify for one."


What companies offer a no fee mortgage refinance?

There are many companies that claim to offer a no fee mortgage refinance. Such services are never free, it always costs something to refinance one's mortgage.


Where can one learn how to refinance own mortgage online?

There are many places online where a person can learn how to refinance their own mortgage. Websites such as, quickenloans, homeloans, and mortgage-calc all have info on how someone can refinance their own mortgage.