How to Refinance

Refinancing can play a major role in saving you money and we’re here to help you every step of the way. Follow our refinancing tips to know when refinancing will benefit you and what strategies to implement along the way. 

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The process
Closing

The Process

When refinancing a house, a new mortgage is obtained. Instead of going to the seller, the new mortgage pays out the remaining sum of the previous mortgage. Refinancing a mortgage requires you to qualify for the loan, just as you were required to do for the initial mortgage. You apply, through the underwriting procedure, and proceed to close, just as you did when you purchased your property... read more >

Closing

Typically, closings take place at a title business. You, any co-borrowers, and a closing agent will be present for refinancing. To pay for outstanding items or closing fees that aren't rolled into the loan, you must present a state-issued picture ID and a cashier's check or wire transfer... read more >

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Rates are always changing,
is now the best time for you?

We’ll help you understand your options so you can feel confident in your decision. Mortgage Daily is a trusted resource, used by millions of Americans daily, to help navigate the complicated world of mortgages, refinances, and the home buying and selling process. Let’s start here.

Refinance Your Home. When Is The Best Time?

Evaluate your financial situation and determine if a refinance could help you save. Consider lower interest rate, shorter loan term, access equity, long-term savings, and costs/fees. The best time is when it makes sense for your goals.

Purchase a Home. Take it 1 step at a time.

Evaluate your needs and finances to make sure you’re ready. Consider down payment, loan terms, monthly payments, closing costs, and other factors. You’re ready when you can afford it and it makes sense for your goals.

Selling Your Home. It’s Not Hard, Let’s Break It Down

Ready to sell? Evaluate the market and make sure you’re ready. Consider home improvements, pricing, taxes, closing costs, and other factors. You’re ready when you can maximize your return and it makes sense for your goals.

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