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Yes, in most cases they do. They want to know what their investment is when they give you a loan.

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19y ago

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Related Questions

Are you considering refinancing your house?

Are you thinking about refinancing your home?


Are you considering refinancing your house mortgage?

Are you thinking about refinancing your home loan?


Are you considering refinancing your house loans to potentially lower your interest rate and monthly payments?

Are you thinking about refinancing your home loans to possibly reduce your interest rate and monthly payments?


How many times can you refinance your home in Texas?

You can only refinance your home for as long as only if you are eligible for another home refinancing. If your past home refinancing was good, you might be able to get another one but if you had a bad score on your past house refinancing attempt, you might have a hard time getting another one. Some online real estate school teach their students as well the essence and only when to use home refinancing as it is not always the best option for every home owner.


i have a modular home inapark which is paid off. to apply for a loan on this home is it refinancing or a home loan?

It is refinancing not a home loan. For more information on refinancing go to web site www.ditech.com


Are you considering refinancing your mortgage?

Are you thinking about refinancing your home loan?


Where can I find the best refinancing rates for my house?

The refinancing rates for your home depend on the current rates for the bank. You would need to call around to a few different banks for different rates.


What is the advantage of refinancing ones house?

The major benefits of refinancing one's home is that it can lower the monthly mortgage payment. Similarly, refinancing can enable one to use the extra money on other things, such as renovations or a holiday. Seek advice from a financial expert.


What are the disadvantages of refinancing a home?

Some of the disadvantages to refinancing a home are the cost, loan term, equity reductions, owning less of your home when done, and the time it will take. Those are some of the disadvantages of refinancing a home.


How do people refinance there home loans?

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.


Where can home loan refinancing be obtained?

Home loan refinancing can be obtained online or at local banks. Online, websites like LendingTree allow one to obtain home loan refinancing. Banks like Chase and Bank of America are places where one can also obtain home loan refinancing.


Should I use a "should I refinance my house calculator" to determine if refinancing is the best option for me?

Yes, using a "should I refinance my house calculator" can help you analyze the potential benefits of refinancing your home by comparing your current mortgage terms with potential new ones. It can provide you with valuable insights to make an informed decision about whether refinancing is the best option for you.