Home | Ask Your Question | Mortgage Glossary |
|
||||||||
Mortgage Professor about refinancing mortgage remortgage insurance refinance loan: | ||||||||
Cash-out Mortgage Refinance or Home Equity Loan?
Column Delivered August 21, 2000, Revised September 6, 2002 ?I need $50,000 to remodel my house. Is it better to refinance my existing mortgage (with a balance about $140,000) into a new $190,000 mortgage, or should I borrow the extra $50,000 with a home equity loan.? ... more... What Goes Into the Mortgage Refinance Decision? November 4, 2002 "What is the best way to measure the costs and gains from refinancing so I can be sure I will come out ahead?" The method I prefer is to compare all costs of your current mortgage and a new mortgage over a future period. The period should be your ... more... |
||||||||
refinancing mortgage remortgage insurance refinance loan related definitions |
||||||||
Refinance
Refinance Refinancing refers to applying for a mortgage loan intended to replace an existing loan secured by the property. Homeowners usually consider refinancing for the purpose of getting a better interest rate, loan term, or to draw cash from the equity. ... more... Second Mortgage, Home Equity Loan Second Mortgage, Home Equity Loan A secured loan (mortgage) that is subordinate to another loan against the same property. More specifically, the second loan in sequence. Generally, second mortgage hass a higher interest rate and with shorter terms than a ... more... |
||||||||
More about refinancing mortgage remortgage insurance refinance loan
Remortgage to Restart the Mortgage Cycle on Fresh Terms Remortgage When Monthly Mortgage Payments are Touching New Heights How Good a Deal Is Your Bank's Mortgage Insurance Plan? Home Mortgage Loan Refinance Benefits To Refinancing Your House Online Refinancing Your Mortgage - Is It The Right Choice For You? When is the Right Time to Refinance Your Mortgage? Tennessee Mortgage Loans Finding a Mortgage in Nashville Poor Credit Mortgage Refinance Getting Approved Home Mortgage Refinancing - Should I Refinance? Mortgage Refinance? Should You?
|
|
|||||||
|