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Why should one opt for a mortgage refinance loan ?

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Why should one opt for a mortgage refinance loan ?

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Different people have different reasons to opt for mortgage refinance. People take mortgage refinance loans for one or more of several purposes, such as: reduce monthly payments, prolonging or reducing the period of repayment to comply with the borrower’s changed circumstances, get a lump sum of cash to meet with an immediate need, or simply taking advantage of reduced interest rates in the market.

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