You can save some good money with a mortgage refinance. So don't let these common myths hold you back. You won't want to miss myth #3.
If you want to eliminate private mortgage insurance, tap into home equity, restructure the length of your loan term, or switch between fixed and adjustable-rate loans — a mortgage refinance is worth considering. Take a look at some common scenarios, and see which home refinancing option is your best fit.
The Home Energy Renovation Opportunity (HERO) program helps homeowners finance energy and water efficient home upgrades. But what's the catch? Find out the good, the bad, and the ugly when it comes to HERO loans.
Homeowners look to cash-out refinancing to turn some of their home equity into cash. It works by refinancing your mortgage at a higher amount. The new loan pays off your old loan, and that extra money (from refinancing at a higher amount) is distributed as cash to be used however you'd like.
An FHA streamline refinance is considered as one of the quickest and easiest loan programs out there. Borrowers aren’t required to verify income and assets. Learn how this program works and how to become eligible!