Mortgages

Mortgage Refinancing
- Mortgage Refinancing
Reverse Mortgages
- Kinds of Reverse Mortgages
- Reporting Fraud or Abuse
FHA Loans and HUD Homes
- FHA Loans
- HUD Homes

Mortgage Refinancing

Mortgage Refinancing means taking a new mortgage on new terms to pay off the existing mortgage. Getting a new mortgage might be because you want to take advantage of lower interest rates, change the type of mortgage, and other reasons.

You can learn more about mortgage refinancing by going through the resources mentioned below.

A Consumer’s Guide to Mortgage Refinancings is where you can look for an introduction to mortgage refinancing such as the glossary of terms used, and useful worksheets to help you decide if mortgage refinancing is right for you or not.

You can learn about the different kinds of mortgages and the settlement process in Shopping for your home loan: Settlement Cost Booklet.

The veterans may be eligible for refinancing their mortgage with the help of an Interest Rate Reduction Refinancing Loan (IRRRL).