The best way to refinance your home and car is via your financial mentor. If he is not able to, he may suggest people that can. Just do not go out there and get the first person you see because, remember, this is a business first and you may end up on the short end of the stick.
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.
yes
You cannot refinance and take a cash-out refinance unless you still have 80% equity in the home at its current value.
To refinance your home without equity, you can explore options such as a cash-out refinance, a home equity loan, or a government-backed program like the FHA Streamline Refinance. These options may allow you to refinance your mortgage even if you don't have significant equity in your home.
If you have enough equity in the home.
Most financial institutions will have the ability to refinance a home equity loan. Banks, credit unions and finance companies can all offer this facility but it is sensible to compare rates and consider approaching institutions with whom one already has a financial relationship.
There are many ways a home owner can refinance their home. Some easy routes would be to go to their primary bank and checking to see if that option is available.
The best time to refinance a home is when the interest rate is low. Now is actually a great time to refinance if you can get a low interest rate.
If you have equity in your home you can refinance at anytime.... Make sure your current home loan does not have a prepayment penalty. Next you would need to consult a mortgage lender: http://www.fixed-mortgagerate.com/mortgage_loan
In order to refinance your home, you should look for a reputable mortgage broker. Work with the broker to find a good plan to refinance you home by looking at you current mortgage.
A mortgage calculator can be used to find out if it is worth it to refinance your monthly payments, if it will lower your payments and if you would save on interest and fees. By entering your data you can decide if it is worth it to refinance your home mortgage.
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.