

What are the benefits of this program? What is the RefiNow program from Fannie Mae?
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what is refinancing a mortgage Informational
- How long do you typically have to wait after a short sale or foreclosure?
- What are the features of these types of mortgages?
- Lenders may need to understand non-traditional income streams. How can you assess the potential impact of changes in local infrastructure (e.g., new roads, public transportation) on your property value and the implications for refinancing?
- Who was eligible for HARP? What is the High Loan-to-Value Refinance Option under Fannie Mae?
- What documents are typically required for a refinance application?
- How does this affect the appraisal process and lender requirements?
- Short-term plans require careful consideration. What are the potential benefits of refinancing to a mortgage with a shared equity feature, where an investor shares in the appreciation (or depreciation) of your home's value?
- Understanding Mortgage Refinancing
- What are the benefits compared to other financing options like home equity loans?
- How does this feature work and what are the associated costs?
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