Should i re-finance my personal household guarantee financing?

Should i re-finance my personal household guarantee financing?

New Credible Money Mentor helps a reader can re-finance a property security loan and you will extremely important factors getting refinancing. ( Legitimate )

Good morning Joyce, and you can thank you for your own concern. New small response is, sure – one may re-finance a property equity financing.

A home equity loan is technically a type of mortgage that allows you to borrow against the portion of your home’s value that exceeds your mortgage balance. Like any other type of mortgage or home equity product, you’ll need to check all the lender’s boxes in order to be eligible for a home guarantee re-finance. Continue reading