What is Refinance? Refinancing is the process of replacing your existing mortgage with a new one. This can be a great way to lower your interest rate, reduce your monthly payments, or access cash for home improvements. Refinance Checklist:Assess your current mortgage: Determine your interest rate, remaining balance, and loan term.Calculate potential savings: Use a refinance calculator to estimate your monthly savings.Check your credit score: A good credit score can help you qualify for...
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