Home Refinance Articles

Feature Article

No mortgage? Here’s how to get cash out of a home that you own

January 9, 2018

No mortgage? You can still refinance to tap into your home equity. Learn how to get cash out of your home when you own your house free and clear.

More Articles

Can a short refinance help you keep your home?
December 22, 2017

You may have heard of a short sale, but a short refinance can get you out of an underwater mortgage and let you keep your home. Find out more about how short refinances work.

How to refinance a jumbo loan
November 7, 2017   |   Updated: December 28, 2017

You can refinance a jumbo loan, but must first meet strict eligibility requirements. Learn how to refinance a jumbo mortgage.

Choosing between a home equity loan and a cash-out refinance
October 10, 2017   |   Updated: October 16, 2017

When comparing home equity loans and cash-out refinances, borrowers may find one of them more favorable based on factors such as interest rates and closing costs.

Is HARP 3.0 on the horizon?
October 9, 2017

People have been looking forward to the third iteration of the Home Affordable Refinance Program — dubbed HARP 3.0 — for years. Will it ever materialize?

Refinance to end mortgage insurance premiums
August 31, 2017   |   Updated: September 20, 2017

FHA loans can be refinanced through the FHA or conventional programs if a homeowner wants to stop paying mortgage insurance premiums.

Refinancing a home with less-than-perfect credit
August 18, 2017   |   Updated: September 20, 2017

While it is more challenging to obtain financial benefits from a mortgage refinance with bad credit, there are options that could work for you.

Refinancing with a piggyback loan is tricky, but not impossible
August 9, 2017   |   Updated: September 20, 2017

If you financed your home with a first mortgage and piggyback loan, you may face a tough time refinancing. Learn what options are available to help.

The pros and cons of refinancing to a 15-year mortgage
June 27, 2017   |   Updated: September 20, 2017

When you’re ready to refinance, understand the pros and cons of a 30-year mortgage compared to a 15-year loan.

Before refinancing, weigh fees against savings
June 17, 2017   |   Updated: September 20, 2017

Refinancing your mortgage can save you a pretty penny, but make sure you fully understand the associated fees to avoid spending more over time.

Condo owners can refinance loans and access equity
June 15, 2017   |   Updated: September 20, 2017

Much like single-family homeowners, condominium owners with equity can refinance their existing mortgage loans, or get a home equity loan or HELOC.