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Refinancing may refer to the replacement of an existing loan for other loan under different tems without fee. The terms and conditions of refinancing may vary widely by country, province, or state.

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Q: What does a no fee refinance loan mean?
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If you have a second loan on your mortgage can you refinance on just the primary loan?

Normally you can. You will have to get the Lender on the Second Mortgage to "SUBORDINATE" the loan for you. They may charge a small fee to do so. Your Title company can help you.


Who does one talk to to refinance a loan?

If you want to refinance a loan, discuss it over with the company/people who you had a loan with in the beginning. Whoever you financed a loan with first, refinance with them again.


What does refinancing actually mean?

Refinancing your home loan is where you take out a new home loan to pay off your existing one. You can either refinance by taking out a loan with a new bank or you can refinance to a new loan from your existing lender.


How do you get ex boyfriends name off joint auto loan?

You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.You need to pay that loan off and refinance if necessary.


What does it mean to refinance an auto loan?

If you refinance your auto loan you are most likely going to save a lot of money. However most people do not know this. You pay off your current car loan with a refinancing car loan from a different lender.


How do you refinance a loan?

There are multiple ways to refinance a loan. Most of the time a person would call their institution and make the request. This might come with a fee. Another way is to seek out a different institution with a better rate and term. Do your homework before approaching institutions.


Can a lender charge a 500 dollar up front fee to lock in an interest rate on a refinance loan?

They can charge a commitment fee or a lock fee, most certainly. Not everyone does it but it depends on the lender, it is not uncommon though.


What does it mean to refinance a mortgage or loan?

To refinance a mortgage or loan means to replace an existing loan with another loan. The new loan usually has better terms, such as a lower interest rate. The new loan is used to pay off the old loan, and one makes payments under the new terms.


What is a decent amount to pay for a refinance fee?

When you refinance, you pay off your existing mortgage and make a new one. You might even choose to combine a primary mortgage & a second mortgage into a new loan.


Can a co-borrower get off the loan?

The only way for a co-borrower to get off a loan is to refinance that loan, and do not include yourself in the refinance process.


How can you remove the cosigner from a mortgage?

You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.You must pay off the mortgage and refinance the loan in a single name.


Is there a fee to pay to remove ones name off of title and or loan on a home in florida.?

There is a fee to get someone off your title because you would have to get a new title. As for getting someone off a mortgage, you would need to refinance the loan without that other person on the loan and there are always cost associated with doing that.