How often can I refinance?
There is no limit to how many times you can refinance your home. However, mortgage lenders may have a few rules based on when you ...
What if I have a second mortgage on my home? Can I still refinance?
Typically, any second mortgages are paid off through the refinance. Both loans are consolidated into one new first mortgage and you will only have one ...
Is an appraisal necessary when I refinance?
In most cases, you must go through the appraisal process, but depending on the circumstances it may not be required. The appraisal is used to ...
What is cash-out refinance?
A cash-out refinance lets you access your home equity by replacing your existing mortgage with a new one that has a higher loan amount than ...
What documents are needed for a refinance?
You can expect to provide the following — income-related documents (W-2, past tax returns), verification of homeowners insurance, credit information, your current debt load, and ...