Remove Deals Remove Financial Goals Remove Home Repair Remove Property Taxes
article thumbnail

Mortgage Refinancing: What Is It And How Does It Work?

Savings Corner

Step 2: Check your credit score and history You’ll need to qualify for a refinance just as you needed to get approval for your original home loan. You could have less equity in your home if you take cash out. You might need to deal with borrower’s remorse if rates drop substantially after you close.