Note: Home owners looking to
refinance may have the same questions as
house purchasers about loan features, loan providers and loan shopping.
You can explore these topics by clicking on House
Purchasers. The questions below apply only to refinancing. Questions
About Refinancing a Mortgage
What
Is the Break-Even Period, and How Do You Calculate it?
What Is the Most Common Mistake Borrowers Make in Assessing the Benefits of
Refinancing?
Under
What Circumstances Does it Make Sense to Refinance a Loan That is Ten Years From
Term?
Exactly
What Is a "No-Cost" Refinance?
Under What Circumstances Does a No-Cost Refinance Make Sense?
What
Is the Break-Even Period on No-Cost Refinance For a Borrower in a High Tax
Bracket?
Can
the Costs of Refinancing Be Avoided Through a Modification of the Contract that
Reduces the Interest Rate?
Why Is This Not a More Widespread Practice?
What Are "Streamlined Refinance" Programs?
Under
What Circumstances Can My Current Lender Offer Me Lower Refinance Costs Than a
New Lender?
What Is the Best Negotiating Stance to Take With My Current Lender?
What
Factors Affect the Relative Advantage of Taking Out a Second Mortgage in
Combination With a First, Rather than Paying For Mortgage Insurance? What Type
of Borrower Finds the Combination Loan Most Attractive?
Can
I Include Settlement Costs in the Loan Amount When I Refinance?
What
Factors Determine Whether a Person With Two Mortgages Should Refinance One or
Both, and if Both, Whether They Should Be Consolidated on Not?
What
Factors Determine Whether Raising Cash Is Cheaper Using a Cash-Out Refinance or
a Home Equity Loan ?
In
What Ways Are the Refinancing Decision and the Extra Payments Decision
Related? What Factors Should Enter the Refinancing Decision? The Early
Payoff Decision?
When
You Refinance, What Is the Best Way to Keep the Original Term ?
Why
Must a Borrower Who Wishes to Refinance a First Mortgage Get the Permission of
the Second Mortgage Lender?
What Are the Different Policies that Second Mortgage Lenders Have in Permitting
This?
Why
Would a Broker Offer You a Below-Market Deal If You Agree to Take Out a
High-Rate Loan for Two Months and Then Refinance Into a Low-Rate Loan?
What
Is the Scam That Has Caused Many People to Lose Homes They Have Received Under
the Habitat For Humanity Program?
What
Is the Scam That Leads Borrowers to Believe They Can Avoid a Prepayment Penalty
by Refinancing Twice?
What
Is the Scam That Leads Borrowers to Take Small Amounts of Cash in Frequent
Refinances?
What
Questions About Refinancing Are Asked Most Frequently? With Interest Rates so
Low, Why Isn’t the Refinance Decision a Slam Dunk? How Does Making Extra
Payments Affect the Decision to Refinance?
What
is the Best Way to Measure the Costs and Gains From Refinancing?
Why
Is the Cost of a Loan for Refinancing Higher Than the Cost of an Identical Loan
Used to Purchase?
Why
Is the Refinancing of a First Mortgage When There is a Second Mortgage in Place
Considered "Cash-Out?"
In
What Ways Do Prior Refinances Affect the Next One?
What Types of Refinancing
Transactions Have the Highest Potential For Regret, on Which the Right of
Rescission Should Have the Greatest Value?
What Factors Should Enter the Decision as to Whether or Not to Refinance an ARM
Into a FRM?
Should
Lenders Be Held Responsible if Borrowers Do Not Benefit From a Refinance?
What Is a Bad
Refinance Decision, and Why Are They So Common?
Why Is It
Easier to Shop For a Refinance Mortgage Than For a Purchase Mortgage?
MY
QUESTION IS NOT HERE. I WOULD LIKE TO LEAVE IT FOR THE PROFESSOR
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