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When you refinance, you pay off your existing mortgage and make a new one. You might even choose to combine a primary mortgage & a second mortgage into a new loan.

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12y ago

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When should one refinance their mortgage?

One could refinance their mortgage when the interest rate decreases. However, one must also think the amount they have to pay to refinance their mortgage.


The amunt you pay to do or use something i think it is fee?

Yes. The amount of money you pay to do or use something is called a fee.


What are the benefits of a no fee refinance mortgage?

A no fee refinance mortgage can save you money by eliminating upfront costs such as application fees, appraisal fees, and closing costs. This can make refinancing more affordable and potentially help you lower your monthly mortgage payments or pay off your loan faster.


How do you get ex boyfriends name off joint auto loan?

You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.


How does one apply for student loan refinance?

It is not possible to apply for a student loan refinance as for federal loans, which is usually what a student applies for, there are only two methods to pay off the loan, one pays as they earn the amount, or you pay through your income.


How can you remove the cosigner from a mortgage?

You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.


What are the advantages of equity refinance?

Some advantages of using equity to refinance is that one can take a small amount from their equity to pay off other bills or to refinance ones mortgage. One can also use ones home equity to make home improvements.


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Decent Work for Decent Pay was created on 2009-02-23.


Can you please write a check for the passport application fee?

To pay for the passport application fee, please write a check for the specified amount.


Are internet cafes free?

No, you would normally be expected to pay a fee for the amount of time you are on the net.


How do I refinance a home?

You could go to a bank and pick up a mortgage. But remember that you always have to pay back the amount you picked up, including Taxes.


How can someone be taken off a mortgage?

The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.The only way to get someone's name off a mortgage is to pay it off and refinance if necessary.