5 ways to screw up a mortgage refinance1 of 7A mortgage refinance boom is in full swing, as homeowners take advantage of record low rates by refinancing their home loans.But a home loan refi is more complicated than it was a few years ago. Home values are lower and paperwork requirements are higher. It's easy to make mistakes while refinancing a mortgage.To help you avoid some of the most common errors, here is a list of five things you shouldn't do when you refi. Related Articles:Conventional refinance?'Cash-in' refi takes offLow score = high paymentLow cost refinanceRelated Links:Refinance home or move?How to kill a loan closingMortgage calculatorBest mortgage for you? advertisement
A mortgage refinance boom is in full swing, as homeowners take advantage of record low rates by refinancing their home loans.
But a home loan refi is more complicated than it was a few years ago. Home values are lower and paperwork requirements are higher. It's easy to make mistakes while refinancing a mortgage.
To help you avoid some of the most common errors, here is a list of five things you shouldn't do when you refi.
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