Best mortgage refinance lenders Best for low rates ... borrowers with not much home equity refinance to a lower rate without an appraisal or inspection. Standout benefits: Pennymac's Flex ...

If you took out a government-backed mortgage over the last two ... The FHA streamline refinance allows you to refinance an FHA loan without a new home appraisal. The lack of appraisal can save ...

So, if you have a $400,000 mortgage and $8,000 in closing costs like loan origination charges, appraisal fees ... If rates drop again, they can refinance without losing thousands in closing ...

Commissions do not affect our editors' opinions or evaluations. Refinancing your mortgage could be a good choice if you can qualify for better terms, such as a lower interest rate, or to help you ...

The mortgage refinancing process may be more straightforward than when you initially took out a loan to buy your home, but there are still a number of factors you should consider before applying.

Mortgage lenders typically require a home appraisal (like when you bought ... You can access equity in your home without refinancing your mortgage. Consider a home equity loan or a home equity ...

Justin Sullivan/Getty Images Borrowers could lower their monthly mortgage payments without having to refinance at decades-high interest rates under a new proposal from the Federal Housing Authority.

an appraisal, home inspection or a low debt-to-income ratio to qualify. Cash-In Refinance A cash-in refinance is an option for borrowers who want to reduce their monthly mortgage payments ...

Before you start reaching out to lenders to refinance your mortgage, determine your objective. You may refinance to get a lower mortgage rate, lower your monthly payments, cash out on equity or ...