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Home Refinancing Frequently Asked Questions

Find answers to common questions about our services.

How long does it take to refinance a mortgage?

The time it takes to refinance a mortgage depends on many factors, including the type of loan, your credit score, and the time it takes to process your application. Generally, it can take anywhere from 30 to 60 days from start to finish.


Qualifications for refinancing include having a good credit score, a steady income, and enough equity in your home. Your lender will also consider your debt-to-income ratio, loan-to-value ratio, and other factors to determine if you are eligible for a refinance.

When applying for refinancing, you’ll need to provide documents such as proof of income, proof of residence, bank statements, and a copy of the title to your home. You may also need to provide an appraisal of your home to determine its value.

 

The costs associated with refinancing include application fees, origination fees, appraisal fees, title fees, and closing costs. Depending on your loan terms, you may also have to pay points. All of these costs should be taken into consideration when determining if refinancing is the right option for you.

 

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