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assumptions : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

All Posts Tagged With: "assumptions"

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Mortgage Modification or Refinance — What’s The Difference?

Is it better to modify a mortgage or to refinance? While both result in new loan terms, the two choices are very different. When you refinance a mortgage you replace an existing loan with a new one. There’s no need to negotiate with the old lender because his mortgage claim will be extinguished. However, borrowers [...]

25May2010 | | 0 comments | Continued