home loan modification vs mortgage refinancing, are they the same thing?

My mother used a "VA" loan to pay for our home. the interest rate is above 6% and she is looking to refinance to a lower rate. Now i watch many (money) shows but seein that i dont own a home, i never payed attention. Can you guys/gals ...

A couple of years ago, my spouse and I doubled the size of our home which we had owned "free and clear." To do so, we took out a 20 year home equity loan for $250,000 at a rate of 5.85%. Since we already owned the home and this was ...

I know that if a person already has an FHA loan, they may refinance using the FHA Streamline process. If a person currently has a conventional mortgage loan, can they refinance using FHA? If posible, can you please provide me the resource where I ...

I have a mortgage balance of $75000 to payoff, 8 years remaining. Would it make sense to take a 15 year home equity loan to pay it off and reduce my monthly payment? My other option is to refinance to 15 year term from current APR of 6 % to a ...

I am searching for the best mortgage calculators. Interest Only calculators and simple home mortgage calculators and loan calculators. I used the ones at http://www.1mortgagecalculator.net/index2.php and they seem pretty good. Just looking for ...

I have started the process of refinancing my home equity loan from 9% to a lower rate. It currently has a balance of $10K. I have also started the process of refinancing my home mortgage from 6.8 to around 5 something hopefully. It has a ...

i am interested in refinancing my home and have a current loan with chase home mortgage. Which home loan lender it most popular or best to use?

do these online companies give legitimate quotes or is it just a scam?

We are thinking about either a cash-out-refinancing of our home loan or applying for a second mortgage but don't really know the difference between the two options. We are going to use the money for bills we are upside down on. We aren't...

I don't know if I should refinance my home mortgage loan now since the interest rate is fairly low (4.63%). My interest rate now is 6.31% Do you think it will get any lower as of now? The National Average Mortgage Rates seems to be ...

I have 24 years left on 30 year mortgage. I am thinking about a home equity loan at a favorable rate, rather than roll in to refinance consolidation. If rates are favorable later this year i may like to refinance 1st mortgage at 15 years. Will ...

they have great rates and they will work with you in any way you need them to Call them and tell them jamie sent you the phone numer is 2095775188

I have started the process of refinancing my home equity loan from 9% to a lower rate. It currently has a balance of $10K. I have also started the process of refinancing my home mortgage from 6.8 to around 5 something hopefully. It has a ...

I need to get some home repairs done and have the option to refinance my mortgage at the same rate (6%) for 30yrs or go the Home Equity loan route with 7.85% for 15 years. Does anyone know if one option is better than the other in the long run?

I purchased a townhouse back in 2005 and i have two loans on it one for 490,000 fixed for 10 years at 5.75% but its a 30 year loan., and a smaller loan for 54,000 dollars at a variable rate. Obviously the value of my house has dropped. But i'...

intrest rate went up but having difficulty making payments and lowering my credit score

I am planning to buy my first home and applying for a home loan and one of the lender said this to me " If you take your mortgage with us and after 4 payments are made, if the rate goes down by a .25% we will refinance you at no cost&...

i am concerned about the USA facing rapidly rising inflation in the coming years. If i were to refinance my home at a fixed rate for 4.875% over 20 years from PenFed.org, and then we had high inflation and rates went up to 14%- 17% or even higher ...

With all the mortgage rates dropping, I'm considering refinancing my home loan. Do I have to put a 20% down payment again to avoid PMI even for a refinance? My concern is that if my montly payments get lower, but now I will have to pay PMI, ...

My husband who is a US Navy veteran cannot find a bank or a mortgage company that is willing to refinance our home without a problem or a scam. Where else can he turn for help?

My brother and I share a condo together and both of our names are on the deed. Next year I plan on moving. I know that we will have to refinance the loan to remove my name from the deed. Do I get any proceeds from the refinancing in order to ...

As our children have grown up, we are planning to buy a bigger house and move out of our first home. Our dilemma is what to do with our old home. Should we sell it or should we keep it as an investment property. There is so much confusion about ...