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A mortgage refinance loan is exactly what the term implies. A homeowner can refinance a mortgage on their home in order to get a lower interest rate on their remaining balance on their mortgage debt.

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โˆ™ 2013-05-29 16:01:50
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When buying a house can you get a larger house loan so you can pay off some of your credit cards and car

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Q: What is a mortgage refinance loan for?
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Related questions

How can you remove the cosigner from a mortgage?

You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.


What do you have to do to refinance your mortgage?

You have to go to the bank that has the loan on your house. They will have you fill out a bunch of paperwork. After that they will refinance your house.


Where can I find a remortgage lender?

low home loan mortgage interest rates from hundreds of mortgage ... refinance, mortgage rate, refinance news and calculator, and mortgage lender directory.


Do you need to have a separation agreement to refinance a mortgage in your name?

You can refinance the mortgage in your name if the property is on your name alone and the lender approves your loan.You can refinance the mortgage in your name if the property is on your name alone and the lender approves your loan.You can refinance the mortgage in your name if the property is on your name alone and the lender approves your loan.You can refinance the mortgage in your name if the property is on your name alone and the lender approves your loan.


Where can one find the rules for home loan mortgage refinance in the UK?

There are many different places where one can find the rules for home loan mortgage refinance in the UK. One can ask the home loan mortgage companies, or go to their official websites.


What companies offer mortgage loan refinance and debt consolidation services?

Several companies offer mortgage loan refinance and debt consolidation services. These companies include First Mortgage Company , PNC Mortgage, Amerisave, and Evergreen Does Loans.


What are the reasons a person might seek out a 2nd mortgage refinance loan?

A person might seek out a second mortgage refinance loan if they are struggling with debt or monetary issues. It also lowers the amount of your monthly mortgage payment.


What is Eloan Refinance all about?

E-Loan refinance is part of the E-Loan service that deals with finding a new mortgage deal for an existing purchase. E-Loan is an online mortgage and loan broker owned by Lending Tree LLC.


What is required when one wants to refinance their home mortgage loan?

To refinance one's home mortgage loan, one needs to make sure their loan is not in default. Loaners will also need to meet specific financial thresholds.


What is the meaning of "refinance mortgage"?

Basically, refinance mortgage is a restructure of your current mortgage. You can shorten the length of your loan, you can get a lower interest rate and lower your payments. In some cases you can cash-out the equity and actually get cash back at the closing of the refinance mortgage.


On average, how long does it take to complete a refinance of an existing mortgage loan?

On average, it takes about one to two years to complete a refinance of an existing mortgage loan. Read more at www.mortgageloanplace.com/refinancing.html


How does one qualify for a mortgage refinance loan through the Bank of America?

To qualify for a mortgage refinance loan through the Bank of America you must have at least 5% equity in your home. You must also be current on your home loan payments.


Where can someone find a refinance mortgage loan calculator?

There are various sources from which one can find a refinance mortgage loan calculator. These include various sites like MSN Money, Yahoo Homes and Zillow.


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 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.


If you refinance the house after a year can you take the cosigner off the mortgage loan?

Yes.


What are the going rates if I want to refinance my va mortgage loan?

The rates to refinance a va mortgage loan varies. It depends on the mortgage company and the individual obtaining the mortgage. The rates for refinancing vary depending on a variety of factors. Your should talk to your mortgage company or a financial consultant to help in this endeavor.


How can I terminate my ex-partner's obligation on a mortgage loan without removing him from the mortgage loan as I won't be approved for a refinance if I have sole responsibility for the loan?

No you can not. The best you can do is take him off the deed by having him sign a quick claim deed. You will need to qualify for a refinance to get him off the loan.


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.


What are some companies that offer to refinance a mortgage online?

There are many companies online that offer to refinance a mortgage. Some of these companies include E-loan, Close Your Own Loan, Lending Tree, and Quicken Loans.


Are there any penalties or additional fees to refinance a reverse mortgage loan?

Yes, there are fees to refinance a reverse mortgage. There are always fees or interest rates when getting any type of loan including refinancing your home.


Where do i go to refinance a mortgage loan in va?

To refinance a mortgage, you can go to your bank or any other bank and apply for a REFI loan. You can also visit a site like lendingtree.com and apply there for the best available rate.


Where can one go to refinance a home mortgage?

To refinance a home mortgage one can do the following suggestions; ask friends and family about trusted business contacts for a mortgage lender referral, consult bank for mortgage loan and consult the mortgage broker.


Can a cosigner be removed from mortgage loan?

No. The loan must be paid off and you must refinance without the co-signer.


Where is the best loan refinance calculator?

The loan refinance calculator found on mortgage-calc.com/ is pretty good. Most banks that offer mortgages will have similar calculators on their websites.

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