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

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

    Before applying for a loan modification, consider the pros and cons to determine if it’s a good fit for your financial situation. ... While refinancing to a new 30-year loan could lower your ...

  3. What are the pros and cons of home equity loans? A ... - AOL

    www.aol.com/finance/pros-cons-home-equity-loans...

    Cash-out refinance: Instead of taking out a second mortgage, a cash-out refinance involves replacing your existing mortgage with a new loan for a larger amount, the difference of which you’ll ...

  4. Reverse Mortgage, Home Equity Loan or Refinance? The Pros and ...

    www.aol.com/reverse-mortgage-home-equity-loan...

    Home equity is a valuable financial resource.By definition, it’s the difference between your home’s value and how much you owe on your mortgage. For example, if your home is worth $500,000 and ...

  5. No-closing-cost mortgage: How it works and how to decide if ...

    www.aol.com/finance/no-closing-cost-mortgage...

    You get two quotes for 30-year loans, a traditional mortgage at 7 percent interest and a no-closing-cost loan at 7.5 percent. Let’s say closing costs on the traditional mortgage come to 3 ...

  6. Home equity loan or HELOC vs. cash-out mortgage refinance - AOL

    www.aol.com/finance/home-equity-loan-heloc-vs...

    Home equity loans, home equity lines of credit and cash-out refinances have varying features as well as their own pros and cons. Deciding which type of home equity product is best for you depends ...

  7. No-closing-cost refinance: What it is and how it works - AOL

    www.aol.com/finance/no-closing-cost-refinance...

    Say you’re refinancing a $200,000 mortgage to a new, 15-year loan with a lower interest rate. ... You can hang onto that $2,000 and instead roll the expense into your new mortgage, financing ...

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