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Tag Archive | "mortgage refinance"

Mortgage Refinance: Advice on Refinancing a Mortgage

Mortgage refinance is not always possible if there is a second mortgage on the home. In fact, many people get confused by the two terms: refinancing a mortgage and taking a second mortgage. They are quite different, and sometimes one or the other is the wisest step to take. We shall first discuss the difference […]

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Mortgage Refinance and Modification: What’s the Difference?

What is the difference between mortgage refinance and modification? Fundamentally, mortgage refinancing involves changing the terms of your mortgage to something more suitable for you. In effect, you pay off your existing mortgage loan and replace it with another with terms more favorable to you. Mortgage modification is a way of making the mortgage more […]

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Refinance Basics: Should You Refinance Your Home?

Should you refinance your home? Since we can only speak in regards to refinancing on a general basis, before you make a decision to refinance your home you should be sure to speak with a mortgage professional. Everyone’s circumstances are different, and what applies to one person might not apply to you. Before making a […]

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