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Yes! It is common to do so when your credit gets better or rates go down at least a full point.

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16y ago

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Related Questions

What is reverse mortgage refinance?

It is where you have a Mortgage and you have improved your credit you can refinance to lower you monthly bill.


Is it required to have a mortgage insurance?

yes..unless you are making a 20% downpayment on your purchase or have 20% equity on a refinance.


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.


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.


How soon after closing on a mortgage can you refinance?

You can typically refinance a mortgage after waiting for at least six months to a year after closing on the original mortgage.


How can you refinance your home mortgage?

To refinance your home mortgage, you can go to a bank or credit union with the proper paperwork from your original mortgage and ask for refinance. There's usually fees involved, but if you need to, you can.


How can you refinance your home for a mortgage?

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.


What companies offer a no fee mortgage refinance?

There are many companies that claim to offer a no fee mortgage refinance. Such services are never free, it always costs something to refinance one's mortgage.


When the original purchase money mortgage lender assigns the mortgage to a second party does the value of the benefits pertaining to purchase money remain the same?

Yes, if the lenders sells your loan to another lender. If you refinance -- No.


Where can one learn how to refinance own mortgage online?

There are many places online where a person can learn how to refinance their own mortgage. Websites such as, quickenloans, homeloans, and mortgage-calc all have info on how someone can refinance their own mortgage.


What are the lowest refinance mortgage rates?

The lowest mortgage refinance rates are currently around 2 percent.


What is Eloan Refinance all about?

E-Loan refinance is part of the E-Loan service that deals with finding a new mortgage deal for an existing purchase. E-Loan is an online mortgage and loan broker owned by Lending Tree LLC.