Mortgage Refinancing: Advantages and Disadvantages
The refinancing process may not be as simple and convenient as you imagine it to be
, even if you are dealing with your current lender. Qualifying for one can be a bit tough if you have a poor credit and unstable income. You also need to have maintained a good business relationship with your lender and made all payments on your existing mortgage on time.
Mortgage Refinancing: Advantages and Disadvantages