24th Feb 2011 by admint
In the United States, this is called refinancing wherein the borrower pays off the original mortgage with a new loan from the same lender or new company. The process is almost the same as taking out the original loan. You can do this by selecting a new lender and then appraising your home to the most current value. When’s done, you can fill up the application and paperwork with the new lender with or without a lawyer. You will the paying closing fees during or before the closing of contract.
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