What is the purpose of refinancing a home

Table of Contents Introduction What is Mortgage Refinancing? Benefits of Refinancing Your Mortgage Lower Monthly Payments Reduced Interest Rates Shortened Loan Term Switching Loan Types Types of Refinance Loans Rate-and-Term Refinance Cash-Out Refinance Cash-In Refinance Streamline Refinance When to Consider Refinancing Steps to Refinance Your Mortgage Assess Your Financial Situation Check Your Credit Score Compare … Read more