Refinancing guide

Featured resources

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9-minute read

Refinancing a second mortgage: What you need to know

For many homeowners, taking out a second mortgage can be helpful for a variety of reasons. But can you refinance your second mortgage? Find out.

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5-minute read

How to refinance your second home

Are you considering refinancing your second home to secure a lower mortgage rate? Learn about the process and requirements of a second home refinance.

Couple with their young child on lap sitting on porch.

9-minute read

Refinancing: What is it and how does it work?

Mortgage refinancing works by trading your mortgage for a newer one, ideally with a lower balance and interest rate. Learn why and how to refinance a mortgage.

Exterior view of a large house, showcasing a spacious and elegant residential property.

6-minute read

Refinance appraisal vs. purchase appraisal

Preparing for a refinance appraisal or purchase appraisal? Learn the differences between refinance vs. purchase appraisals, how they work and your options.

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6-minute read

No-appraisal refinance: Should you do it?

Appraisals are usually required to refinance your mortgage. Getting a refi without an appraisal can be possible, though it may not be your best option. Learn how to get a no-appraisal refinance.

An older couple using a computer, possibly managing financial or home-related matters.

8-minute read

Can you refinance before selling your home, and should you?

Is refinancing before selling your home an option? Learn how to take cash out or lower your mortgage payment before you put your home on the market.

An indigenous woman engaged in the process of checking a credit score or financial information.

6-minute read

How does refinancing your mortgage impact your credit?

Does refinancing hurt your credit? Slightly, but the long-term benefits of refinancing your mortgage can far outweigh the temporary downside. Learn more here.

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8-minute read

Refinance to pay off debt: Is it right for you?

Looking to pay off your credit cards or other high-interest debt? If you have enough equity in your home, you may be able to refinance your house to consolidate your debt.

4-minute read

Refinancing with the same lender: Is it a good idea?

Should you refinance your loan with the same lender? It depends on your financial situation and what lenders are offering. Uncover pros and cons to consider.

6-minute read

The Red Desk: Should you refinance?

Mortgages aren’t just for buying a new home. They can be refinanced to buy more real estate, renovate your existing home, or just add some cash to your accounts. You can even refinance to lower your monthly mortgage payment. This episode serves to explain ...

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3-minute read

What was the adverse market refinance fee?

The FHFA eliminated the adverse market refinance fee, which was used to cover increased costs during the COVID-19 pandemic. Learn how that affects refinancing.

6-minute read

Should I move or remodel

If you’re unhappy with your current home, you have two options: renovate or move. This is a big financial and emotional decision, and The Red Desk will walk you through the pros and cons of both.