How To Qualify for Refinancing a House

If you want to save money on your mortgage, now might be a great time to refinance. When you refinance your home loan, you replace the existing mortgage with a different one. You can refinance your home to withdraw cash, shorten the term of the loan, or reduce your interest rate. Not everyone can refinance the house, so take a look at a few key rules you need to follow to qualify for a refinance. Have A Mortgage In Solid Standing First, your mortgage must be in solid standing with your lender. If you are behind on your mortgage payments, the lender might not let you refinance. Try to stay on top of your monthly…
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