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Remortgage is the same as refinance. It entails paying off one mortgage using a second, but the second uses the same home as a security. It can get you a better interest rate on your mortgage, so you pay less over time.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoThis is when someone trades their old mortgage for a new one.A remortgage is usually done to lower current mortgage payments.
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What is the meaning of an iva remortgage?
IVA stands for "Individual Voluntary Arrangement". An IVA remortgage enables one to use the "equity" within their home - i.e. the portion of the property which has already been paid for - to pay off any creditors.
What is the definition of confrontation?
confront: to deal directly with a difficult situation Talk directly to the person that may be involved in the difficult situation confront = to deal with
How do you spell proactively?
it is spelt 'proactively', as the question asks. Definition: Acting in advance to deal with an expected difficulty; anticipatory.
What is the definition of stipulative?
stipulative definition is stipulative definition
Is deal an adjective?
No. Deal is not an adjective. Deal can be a noun, as in 'Is it a big deal what part of speech a word comes from?' or a verb, as in 'I will deal with all those who do not think so' or 'Someone should deal out some answers here.'
What exactly are remortgage lenders?
Remortgage lenders are exactly what they sound like. When you come across hard times or what not you can refinance your mortgage for a better deal. Remortgage lenders are the people you talk to about doing this.
What is a remortgage deal?
A remortgage deal is when you shop around other banks for better rates than your current bank is offering. You can also ask your current mortgage company to see if they can give you a better rate when the mortgage agreement is up.
Where can one compare remortgage interest rates?
There are a few sites dedicated to comparing remortgage interest rates. A couple of them are as follows: Remortgage-Me and Remortgage-Search. Both of these sites have facilities to compare interest rates for remortgage.
What are the risks involved with a remortgage?
The biggest risk in a remortgage, or refinancing your home, is losing money in the deal through closing costs etc. A simple rule of thumb is to ask your mortgage officer to run the numbers for you to see what the break-even point time frame is. If you don't plan on living in your house longer than that, do not get a remortgage.
Where can one find the perfect remortgage ccj?
You can find the perfect Remortgage CCJ ( County Court Judgements) at Remortgage online. They can answer all of your questions and you can get free Remortgage Quotations.
Where can one get a remortgage with bad credit?
If one has poor credit there may be a number of different providers willing to offer a remortgage deal. Two companies offer a range of remortgages for these circumstances including GE Money and Precise Mortgages, though there may be more. The website Money can compare remortgage companies for individuals with poor credit.
What is a remortgage rate for?
A remortgage rate is for the interest paid on the amount of money in the remortgage. One wants to try to find the lowest remortgage rate possible. The lower the rate the less one will have to pay in the long run.
Where can one find a remortgage calculator?
A remortgage calculator can be found online and for free at sites such as Barclays and Mortgages. Additionally, companies such as Nationwide will have a feature to calculate a remortgage.
Where online can you find directions to remortgage with ccj?
If you are looking to remortgage with a CCJ than your best bet would be to try Quicken Loans, or contact an associate for more information as it is tough to remortgage with CCJ.
Where can someone find a remortgage specialist?
Remortgage specialists are not hard to find in your local newspapers or brochures. However, if you are unable to find a suitable partner, Quicken Loans Mortgage is an easy way to remortgage something.
Where might one go to find a cheap remortgage?
If you are wanting a cheap remortgage you can go to Wells Fargo website, Chase website, or even Bank of America website to apply for a remortgage at any time.
Which companies offer cheap remortgage rates for older individuals?
Zillow is a company that offer a great variety of cheap remortgage rates for older individuals. Another company that offer cheap remortgage rates is Chelsea.
