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VA renovation loans: Buying and fixing up a home with one loan
Bankrate via AOL· 1 month agoKey takeaways A VA rehab loan allows you to buy and renovate a house with one loan using your VA...
Cash-out refinance: What it is and how it works
Bankrate via AOL· 1 week agoKey takeaways A cash-out refinance replaces your current mortgage with a new, bigger loan. You receive the difference between the two in ready money. The...
Types of mortgage refinance: How to choose
Bankrate via AOL· 1 month agoKey takeaways There are several types of mortgage refinance options, including rate-and-term and cash-out refinancing. The most common, rate-and-term,...
Do you need a down payment to refinance your mortgage?
Bankrate via AOL· 2 months agoKey takeaways You don’t need a down payment to refinance, but you’ll likely have to come up with...
FHA cash-out refinance guide
Bankrate via AOL· 5 months agoKey takeaways An FHA cash-out refinance lets you borrow against the equity in your home without having to take out a second mortgage. An FHA cash-out...
Cash-out refinance for energy-efficient improvements
Bankrate via Yahoo Finance· 4 months agoKey takeaways You can tap your home equity with a cash-out refinance to cover the cost of improvements to make your home more energy-efficient....
Mortgage recasting: What it is and how it works
Bankrate via AOL· 3 weeks agoKey takeaways Mortgage recasting allows you to pay a lump sum toward your mortgage in order to reduce your remaining monthly payments and interest. When...
Cash-out refinance requirements 2023
Bankrate via Yahoo Finance· 12 months agoIf you’ve been paying down your mortgage for some time or your home’s value has gone up significantly, you’ve probably built up a considerable equity...
Best mortgage lenders for first-time homebuyers in 2024
Bankrate via Yahoo Finance· 4 months agoWith so many mortgage lenders out there, it can be challenging to know where to start, especially if...
What is a loan-to-value ratio?
Bankrate via AOL· 2 weeks agoKey takeaways Your loan-to-value (LTV) ratio is the principal of your mortgage loan divided by the value of the property you're buying, usually expressed...