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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.

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12y ago

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Where can one find information to refinance a home mortgage in California?

One can find information on a home mortgage refinance in California through various methods. The best way to find information on refinancing a mortgage is to contact a bank or lender that offers mortgage refinance. Some banks one can contact include Bank of America or Lending Tree.


How can I refinance my mortgage due to divorce?

To refinance your mortgage due to divorce, you will need to apply for a new loan in your name only. This may involve removing your ex-spouse's name from the current mortgage and taking on the responsibility for the loan on your own. You will need to meet the lender's requirements for income, credit score, and other factors to qualify for the refinance. It's important to consult with a financial advisor or mortgage specialist to guide you through the process.


Where can someone refinance a mortgage online?

To refinance a mortgage could be done through the different banks. They can also be done through mortgage lenders and brokers. These can be found on line or finance company's on the general high street.


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.


How long does it take to refinance a mortgage through Wells Fargo?

To refinance a mortgage through Wells Fargo, one doesn't need to be very patient. Refinancing a mortgage through Wells Fargo is a painless and easy process that only takes a few minutes.


Where can one find mortgage refinance leads?

You can find mortgage refinance leads through your local bank. You can also call one of the three credit bureaus (Experian is a great place to start).


If you are going through a divorce can one spouse sign over their half of the mortgage to the other party without having to refinance?

It is my understanding that if both are on the mortgage, you must refinance so that you are both not held liable for the balance. If still on the note the other person would not be able to qualify for another house, car, etc. without that being considered as part of their debt.


Where can one find help for Mortgage interest rates refinance?

Mortgage refinance interest rates are available through various banks. Currently, rates are fairly low, so homeowners are encouraged to refinance their property if they have been considering doing so.


Reasons to use a Refinance Mortgage Rate Calculator?

Over the past few years, the poor economy has helped keep mortgage rates at a historically low level.� Since rates are so low, most people could benefit by refinancing their mortgage.� However, prior to going through the process of refinancing your mortgage, it would be a good idea to use a refinance mortgage rate calculator. � A refinance mortgage rate calculator will take all of your personal and mortgage information and determine how much money you will save each month through the refinance.� The calculator will also factor in how much you will have to spend in fees and it will determine how long it will take for you to break even on the refinance.


How can I refinance my mortgage through a credit union?

To refinance your mortgage through a credit union, you can start by contacting the credit union and inquiring about their mortgage refinancing options. They will guide you through the application process, which typically involves submitting financial documents and undergoing a credit check. If approved, the credit union will offer you a new loan with better terms to replace your existing mortgage.


Where can one find out how much mortgage they qualify for?

They can find out their own mortgage through their bank account and understand the requirements that will qualify them. It will help them in the long run.


How can one refinance interest only mortgages?

One can refinance interest only mortgages through various means. GuideToLenders offers advice on which mortgages to refinance. It's recommended to only refinance your mortgage once.