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What is a home refinance mortgage loan?

April 26, 2017Home mortgage loan Refinance

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What is a home refinance mortgage loan?

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A refinance mortgage loan is a type of loan that you use on a home property that you already partially or fully own. So you get a refinance loan for a home property you own completely, or for a property you have a mortgage on that’s partly paid off. Usually you get a refinance mortgage loan when you want to ‘re-work’ your current mortgage that you might not be completely happy with. [i.e. you might want lower mortgage payments than you’ve got right now!] Apply online for a refinance mortgage loan!