ASK & ANSWER | Browse questions and answers from our community experts
Showing 1 - 3 of 599 results.
Are there any alternatives to refinancing home loans?
Asked by unknown
1 Answers
Instead of opting for refinancingâa borrower can go for mortgage recast. In this, the lender will change a variable in the loan and recalculate the entire amount. This option is best-suited for borrowers who are in a sticky financial situation. Talk to an expert to see which other option might be best suited for your situation and requirements
How to apply for refinancing home loans?
Asked by unknown
1 Answers
The application process of refinancing home loans will be more or less similar to the process of getting an initial home loan. There are various private financial organizations and banks that offer the refinancing option. Consult the top ones and pick one that offers you the best interest rate. To begin with, you can start by filling home loan appl
What is the cost of refinancing home loans?
Asked by unknown
1 Answers
The total cost of refinancing home loans includes application fee, documentation fee, appraisal charges, inspection charge, and few other charges. In general, the application fee can be anywhere between $75-$300, while the inspection charge can be $300-$800. However, be mindful of the fact that these charges are subject to change and they vary from