How Does Refinancing a Mortgage Work? | PNC Insights - PNC Bank Steps to Refinance a Mortgage Refinancing a mortgage is a process You must qualify for the refinance based on similar criteria to those used when you applied for the original mortgage Here is a step-by-step overview of the mortgage refinancing process Step 1: Assess Your Current Mortgage and Financial Situation
Mortgage refinance: What is it and how does it work? - Bankrate Refinancing is a strategy lenders and borrowers use to replace an existing mortgage with a new one Borrowers often refinance to change their original mortgage’s interest rate or loan terms