Mortgage Refinancing: What Is It And How Does It Work?
Savings Corner
APRIL 4, 2024
When you refinance your home, you’ll apply in a similar way to when you applied to purchase your home. Here’s generally how it works: The lender will do a credit check. You’ll turn in any required financial documentation. You’ll pay for a home appraisal. The loan will go through the mortgage underwriting process.
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