Refinancing

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Rate Reduction Refinancing Loans for Veterans

The department of Veteran Affairs (VA) offers some of the nation’s heroes home loan refinancing at special rates, allowing veterans to refinance their existing VA loan, and lower the interest on it. This will lower the monthly mortgage payment and allow veterans to make their income stretch further in these challenging times. There are many …

Category: Mortgages, Refinancing
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Your Refinancing Options Explained

The main reasons for refinancing mortgages are generally: Lowering the interest rate and monthly payments on a mortgage Getting cash out based on the equity in your home Consolidating debt that may be attracting a higher interest rate, e.g. credit cards Changing the terms of a loan, e.g. reducing or extending the repayment length Interest …