Mortgage Refinance
Mortgage refinancing refers to the process of replacing an existing home loan with a new loan that has better terms or a lower interest rate. This can be a useful strategy for homeowners who have improved their credit score, have built up equity in their home, or are looking for a way to lower their monthly mortgage payments. Continue Reading Below
Industry Studies
Encyclopedia Articles
Discover the definition of financial terms related to mortgage refinance.

What is a Home Equity Investment Agreement (HEA/HEI)?
Andrew Latham

Non-Recourse Loan: How It Works vs. Recourse Debt
Andrew Latham

Loan to Value (LTV): Definition, How It's Calculated, and Why It Matters
Andrew Latham

What Is Refinancing? How It Works, Types & When It Makes Sense
Andrew Latham

What Is Foreclosure? Definition, Process, and Credit Impact
Andrew Latham

Fixed-Rate Mortgage: How It Works, Terms, and When to Choose One
Andrew Latham

What Is a Subordinate Mortgage?
David Hodges

What is a First Mortgage?
Jamela Adam

Mortgage Recast: How It Works, Benefits, And More
Dan Agbo

Blended Rates: How They Work, Examples, and More
Silas Bamigbola
Learn About Mortgage Refinance

What Happens When an HEI/HEA Term Ends?
Andrew Latham

How Do HEI/HEA Agreements Work?
Andrew Latham

Home Equity Investment vs HELOC: Which Is Better for Accessing Your Equity?
Andrew Latham

Pros and Cons of a Home Equity Investment
Andrew Latham

Best Loans for Real Estate Investors: Top Financing Options to Build Your Portfolio
Andrew Latham

How to Access Home Equity Without Refinancing: 5 Alternatives
Andrew Latham

When Is The First Mortgage Payment Due?
Lacey Stark

Can You Add Renovation Costs to Your Mortgage?
Camilla Smoot

List of Coronavirus Mortgage Relief and Rental Assistance Programs
Andrew Latham

Is It Better To Get a 15-Year vs. a 30-Year Mortgage?
Marcie Geffner

Should You Refinance From a 30-Year to a 15-Year Mortgage?
Marcie Geffner

How to Avoid Paying PMI (Private Mortgage Insurance)?
Marcie Geffner

Refinancing a Home Mortgage? Beware of These Hidden Costs
Marcie Geffner

How to Use a Mortgage Refinance to Get Out Of Debt
Chonce Maddox

Should You Consolidate Your Student Loans with a Mortgage Refinance? Pros and Cons
Julie Bawden-Davis

The Definitive Guide to Mortgage Relief
Andrew Latham
