what’s the difference between mortgage refinancing & a home equity loan?

Deal Score0
1 Comment
  1. Reply
    April 30, 2011 at 12:23 am

    Mortgage refinancing is paying off your original loan and borrowing on a new (often larger) amount based upon the increased value of your home. A home equity loan is simply a second mortgage.

    Leave a reply

    Register New Account
    Reset Password