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How to refinance your mortgage in 8 easy steps

Mediafeed Logo By Deborah Kearns of Mediafeed | Slide 1 of 13: Refinancing a mortgage involves replacing your current home loan with a new one. Homeowners might refinance to get a lower interest rate, shorter loan term or change loan types.Knowing how to refinance a mortgage, including the refinance process, costs, timeline and other factors, can help you better decide if refinancing your home is the right move.

How to refinance a mortgage in 8 steps

Refinancing a mortgage involves replacing your current home loan with a new one. Homeowners might refinance to get a lower interest rate, shorter loan term or change loan types.

Knowing how to refinance a mortgage, including the refinance process, costs, timeline and other factors, can help you better decide if refinancing your home is the right move.

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