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Some of the many factors are: credit score, loan term, loan size, and the type of residence. Obviously, a better credit score is likely to get you a better loan rate. Longer term loans also tend to have a higher interest rate. Larger loans have higher interest rates. The type of residence also impacts the loan rate because some residences are considered more risky than others. For example, a condominium is considered more risky than a single family home. Therefore, a condominium will often have a slightly higher interest rate.

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12y ago

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Where could someone find home refinance loan rates?

Zilliow have home refinance loan rates. Also you can find more information on MSN money. The company bank rate also have home refinance loan rates avalible.


Where can one get refinance or home equity loan?

You can get a refinance or home equity loan from banks such as Chase. Alternatively, you can also get this loan from the Bank of America. You can apply online at their respective websites.


Got a home loan and gifted a percentage to sister. I now want to refinance or put on the marketShe refuses to sign anythingI can't sell or refinance. If I foreclose Will this affect her credit?

Who is on the title to the property? and who is the loan name under?


What is the difference between a refinance and a home equity loan?

There are many differences between a refinance loan and a home equity loan. These include differences in costs, loan structure, interest rates and accessing your money.


What factors should I consider when conducting a home refinance comparison?

When conducting a home refinance comparison, consider factors such as interest rates, closing costs, loan terms, and potential savings over the life of the loan. It's important to also evaluate your financial goals and how long you plan to stay in the home to determine if refinancing is the right decision for you.


Where can one find home loan refinance quotes and rates online?

Home loan and refinance quotes and rates can be found on numerous sites online. These sites include Close Your Own Loan, Chase Mortgage Refinance, and America First.


If you have good credit what is the lowest rate you can get on a Home Equity Refinance loan?

The rate of a Home Equity Refinance loan depends on what exactly your credit score is, and also factors in the amount of time that you can pay it off. The only way you can find out is to consult a professional with those figures.


In what situation might you need to refinance with a home loan?

You may need to refinance your home loan if you need to get money against your home. For example you are in the situation you lose your job and have no money, some people refinance , and borrow against their home in order to get money to live, however it does create a second loan.


How soon after buying a home can I refinance?

You can typically refinance your home as soon as you have completed the purchase and the title has been transferred to your name. However, it's important to consider factors like closing costs, loan terms, and your financial situation before deciding to refinance.


How soon after purchasing a home can I refinance?

You can typically refinance your home as soon as you have completed the purchase and the title has been transferred to your name. However, it's important to consider factors like closing costs, loan terms, and your financial situation before deciding to refinance.


What does refinancing actually mean?

Refinancing your home loan is where you take out a new home loan to pay off your existing one. You can either refinance by taking out a loan with a new bank or you can refinance to a new loan from your existing lender.


Where can one get a no cost home refinance loan?

One can look on the internet for no cost home refinance loans. There are some places on the internet where one could refinance just as one would at a bank. Other places on the internet can guide a person to different banks or credit unions with the best loan rates. Otherwise, a person can get a no cost home refinance loan at some banks or credit unions. It all depends on the economy, how the institution is doing, as well as other factors.