

When is mortgage modification a more suitable option than refinancing?
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what is refinancing a mortgage Informational
- What are the benefits of this program? What is the RefiNow program from Fannie Mae?
- How do these affect lender requirements and property value?
- Will you recoup the refinance costs before selling?
- Are there any fees or risks associated with bi-weekly payments? How can you use a mortgage refinance to eliminate private mortgage insurance (PMI)?
- What mistakes do borrowers often make during the refinance process?
- What are the challenges of refinancing an underwater mortgage?
- Are there any age-related factors in refinancing? What is the Home Affordable Refinance Program (HARP)?
- Are there specialized refinance programs available?
- What steps should you take to prepare?
- Understanding your local market is important. What are the potential benefits of refinancing to a mortgage with a shared living or co-housing feature, if you plan to live in a collaborative housing arrangement?
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