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  2. Streamline refinancing - Wikipedia

    en.wikipedia.org/wiki/Streamline_refinancing

    The up front mortgage insurance premium or UFMIP the FHA charges is due at closing. The FHA UFMIP is partially refunded if the borrower refinances through the FHA streamline refinance program. This can lead people to refinance with the FHA to avoid refinancing costs, though better deals may be available on the open market.

  3. Refinance appraisal: How it works and what to expect - AOL

    www.aol.com/finance/refinance-appraisal-works...

    When using an FHA streamline refinance, you’re unable to withdraw more than $500 (as cash-out), your mortgage must be in good standing, and it must be an FHA loan.

  4. Loan modification vs. refinance: Which option is best for you?

    www.aol.com/finance/loan-modification-vs...

    Homeowners typically refinance to lower their monthly mortgage payments, pay their home off faster or tap into home equity. Unlike a loan modification, it comes with hefty closing costs . When ...

  5. Mortgage servicer - Wikipedia

    en.wikipedia.org/wiki/Mortgage_servicer

    A mortgage servicer is a company to which some borrowers pay their mortgage loan payments and which performs other services in connection with mortgages and mortgage-backed securities. The mortgage servicer may be the entity that originated the mortgage, or it may have purchased the mortgage servicing rights from the original mortgage lender. [ 1 ]

  6. When should you refinance your mortgage? - AOL

    www.aol.com/finance/when-to-refinance-mortgage...

    By refinancing, you’d save about $220 on your monthly payments and nearly $30,000 in interest payments over the life of the loan, and it would take you about three years to recoup the closing ...

  7. Remortgage - Wikipedia

    en.wikipedia.org/wiki/Remortgage

    A remortgage (known as refinancing in the United States) is the process of paying off one mortgage with the proceeds from a new mortgage using the same property as security. [1] The term is mainly used commercially in the United Kingdom, though what it describes is not unique to any one country.

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