Frequently Asked Questions
Find the most frequently asked questions below:
01How does refinancing work?
When you have an existing home loan which you are paying off on monthly EMI basis, what refinancing does is it replaces this existing home loan with a new improved home loan by paying off all the debts of the current home loan. This is generally done by people for availing the various benefits offered by the new loan. A loan may be refinanced for v
02Which online banks offer the best refinance rates for mortgage loans?
There are a lot of online mortgage refinancing loan lenders in the market. Some of the best players in this accord are Better Mortgage, Home Plus Mortgage, aimloan, Republic Bank, LoanFight, and McGlone Mortgage Loans. Each of them has an average interest rate between 4% and 5% and based on meeting the prerequisites getting your loan approved shoul